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North India's cotton yarn prices stable; awaits summer demand boost

26 Sep '24

4 min read

North India's cotton yarn prices stable; awaits summer demand boost

Insights

North Indian cotton yarn market is stabilising as festival demand winds down, with both Delhi and Ludhiana seeing slow to average demand.
Export demand remains weak, while domestic buyers face cash flow issues.
In Panipat, recycled yarn demand is low, though the garment sector shows interest due to sustainability efforts.
Cotton prices in Punjab, Haryana and Rajasthan are steady.

Ludhiana continued to see moderate demand for cotton yarn, with prices remaining steady. However, mills may increase their rates if demand improves. A Ludhiana-based trader told Fibre2Fashion, "Mills are eager to raise their selling rates, but demand is not supporting this move. The current festival demand for cotton yarn is over, and the market is now waiting to see the summer season demand."

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.