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North India's cotton yarn faces poor demand; fibre costlier

20 Apr '23

3 min read

Pic: Shutterstock.com

Insights

North Indian cotton yarn prices remained stable due to challenges in the textile value chain and weak demand from the weaving industry.
Spinners faced higher costs for natural fibres but couldn't pass on the increased production costs.
Imports of polyester spun yarn dampened market sentiment, and recycled yarn markets saw steady PC yarn prices.

In Ludhiana, the market had a bearish tone while cotton yarn prices stayed at previous levels. The garment industry shifted towards polyester spun yarn and PC yarn to manage production costs. A trader from Ludhiana&#**;s market told Fibre2Fashion, "Polyester spun yarn is being imported from Indonesia and other countries in large quantities. Garment units are shifting toward cheaper raw materials, expecting better margins from non-cotton garments." Cotton yarn prices remained unchanged.

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive); ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg respectively; and carded yarn of ** count was noted at &#****;***-*** per kg, according to Fibre2Fashion’s market insight tool TexPro.