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Cotton yarn prices surge in north India as ICE cotton spikes

19 Feb '24
4 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • North Indian cotton yarn prices rose by ₹5-7 per kg in response to a surge in ICE cotton rates.
  • Spinning mills adjust prices as they secure lucrative export orders, while holding onto reserves.
  • Meanwhile, Panipat sees a downturn in recycled polyester fibre demand due to market concerns.
  • Cotton prices continue to climb with regular buying by mills and MNCs.
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