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Consistent demand keeps cotton yarn prices steady in north India

05 Dec '24

5 min read

Consistent demand keeps cotton yarn prices steady in north India

Insights

In north India, cotton yarn prices are stable despite fluctuations in cotton seed prices and a general downturn in cotton prices.
This stability is due to consistent demand from downstream industry, with markets in Delhi, Panipat, and Ludhiana experiencing stable or increasing demand.
The onset of colder weather has boosted demand for winter garments and blankets, supporting recycled yarn prices.

The Panipat market has witnessed strong demand for winter garments and blankets as temperatures are expected to drop further in the coming weeks. Traders have indicated that winter garments are helping to support recycled yarn prices at their current levels. However, there is a noticeable slowdown in demand for home furnishing products.

The Ludhiana market has seen regular demand for cotton yarn. Spinning mills are attempting to increase prices, anticipating higher demand in the upcoming weeks. A trader from the Ludhiana market told Fibre2Fashion, "Summer garment manufacturing is picking up gradually. Cotton garments will see higher demand in the coming season. Mills are consistently ignoring the recent fall in cotton prices as they expect higher demand from the fabric and garment industry." Cotton yarn prices have maintained their previous levels.