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Cotton yarn prices hold steady amid slow demand in north India

14 Oct '24

4 min read

Cotton yarn prices hold steady amid slow demand in north India

Insights

North India's cotton yarn markets are experiencing sluggish demand, with summer demand yet to materialise.
Despite higher cotton arrivals and slow export demand, prices remain stable due to market support from the apparel sector and higher minimum support prices.
Recycled yarn markets in Panipat also stayed steady, with demand from the apparel industry helping offset slower home textile demand.

In Ludhiana, cotton yarn prices were stable, but demand remained weak. A trader from Ludhiana told Fibre2Fashion, "The market has yet to see the summer demand, which will provide much-needed support to cotton yarn prices. There is little likelihood of a demand revival before the Diwali festival. The market is currently more focused on payment collection and the upcoming festival, rather than on sales."

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** (approximately $*.**-*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at &#****;***-*** (approximately $*.**-*.**) per kg and &#****;***-*** (approximately $*.**-*.**) per kg, respectively; and carded yarn of ** count was noted at &#****;***-*** (approximately $*.**-*.**) per kg today, according to trade sources.