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Cotton yarn market bearish in north India; prices down in Ludhiana

06 May '24
4 min read
Cotton yarn market bearish in north India; prices down in Ludhiana
Pic: Adobe Stock

Insights

  • North India's cotton yarn market was bearish, with prices easing by ₹1 per kg in Ludhiana while remaining steady in Delhi.
  • Experts blame a declining trend in cotton, affecting the textile value chain.
  • Although cotton prices rose last Friday, demand remains sluggish as cheaper fabric imports dent domestic demand, slowing recycled yarn sales in Panipat.

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