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Cotton yarn prices up in Ludhiana, positive sentiment in north India

08 Jun '23
4 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Increased buying in north Indian cotton yarn trade led to a ₹3 per kg price gain in Ludhiana.
  • Mills raised selling rates, but Delhi's market remained stable.
  • Concerns over retail demand persist, but intermediate products may see increased demand.
  • In Panipat, recycled yarn prices remained steady.
  • The government's increased MSP had no impact on cotton prices.

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