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Mixed trend in north India's cotton yarn trade, prices up in Ludhiana

13 Apr '23

3 min read

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Insights

The cotton yarn trade in North India shows mixed trends, with prices rising in Ludhiana and remaining stable in Delhi.
The Panipat market faces challenges of slower demand and lower raw material supply, affecting the home furnishing segment's value chain.
North India's cotton prices show a bearish tone, with spinners hesitant to buy due to low demand.

The Panipat market is facing a dual challenge of slower demand from end-consumers and lower supply of raw materials, resulting in squeezed margins for the home furnishing segment&#**;s value chain. However, recycled yarn prices remain unchanged.

In Ludhiana, mills were not eager to sell their stock, causing cotton yarn prices to rise. “Spinners are limiting cotton yarn supplies in anticipation of higher prices in the coming weeks. Consumer industry is buying more cotton yarn to build up stock as cotton arrival season is ending,” a trader from Ludhiana market told Fibre2Fashion. Trade sources said that buyers were purchasing cotton yarn for extended periods to gradually build up their stock.