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Cotton yarn demand rises in north India; prices up in Ludhiana

20 Feb '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • North India's cotton yarn market has seen an improvement in sentiments today, with trade sources reporting that demand for cotton yarn has already picked up. The garment industry is also expected to perform better as global buyers are expected to place large orders by mid-2023. Cotton yarn prices increased by ₹* per kg in the Ludhiana market.

In the Ludhiana market, cotton yarn prices have risen by &#****;* per kg. Spinners are increasing cotton yarn prices due to improved buying, and to recover from previous losses, they are increasing their margins. Mills have ramped up their production after receiving more orders from domestic and international buyers. 

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

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