The price of cotton yarn in the Delhi market has seen an increase of ₹3-5 per kg, with combed yarn experiencing a boost in prices, while the price of carded yarn remained stable. A trader from the Delhi market told Fibre2Fashion, “The market noticed improved buying which supported yarn prices. Cotton prices witnessed a steep rise in China, which generated the demand for yarn in the country’s textile industry.” 

According to Fibre2Fashion market insight tool TexPro, 30 count combed yarn was traded at ₹265-270 per kg (plus GST), 40 count combed yarn was at ₹290-295 per kg, 30 count carded yarn was at ₹237-242 per kg, and 40 count carded yarn was at ₹267-270 per kg in Delhi. 

The Ludhiana market has observed a steady trend in cotton yarn prices, with market sentiment improving. Mills refrained from selling yarn at lower prices, indicating their intent to maintain price levels. A leading mill in Punjab has indeed held its cotton yarn prices steady. 

A trader from the Ludhiana market spoke to F2F, "Mills were holding back on their sales to uphold prices. They were not willing to attract buyers with lower prices." As per the prices observed, 30 count cotton combed yarn was sold at ₹262-272 per kg (GST inclusive). The 20 and 25 count combed yarn traded at ₹252-257 per kg and ₹257-262 per kg respectively. The price for 30 count carded yarn was noted at ₹242-252 per kg, according to TexPro. 

The recycled yarn market in Panipat registered an increase in cotton comber prices, with rates rising by ₹5-6 to reach ₹130-132 per kg. Over the last few days, comber prices have registered an increase of ₹10-12 per kg from a low point of ₹120 per kg. The escalation in prices can be attributed to the limited supply and increase in cotton prices. Despite these changes, the prices of recycled yarn have remained steady, with no significant fluctuations observed. Demand from downstream industries within India's home textile hub has also remained largely muted. 

In terms of trade, the 10s recycled PC yarn (grey) was traded at ₹80-85 per kg (GST extra), the 10s recycled PC yarn (black) at ₹50-55 per kg, the 20s recycled PC yarn (grey) at ₹95-100 per kg, and the 30s recycled PC yarn (grey) at ₹140-145 per kg in Panipat. Over the last week, comber prices have dipped by ₹10 per kg, and today's trade value stood at ₹130-132 per kg. The price of recycled polyester fibre, derived from PET bottles, was noted to be ₹68-70 per kg. 

Cotton prices in north India have trended upwards, following a rise in the global market. The prices increased by ₹25-50 per maund (a unit of weight equivalent to 35.2 kg). Traders noted that the market has seen slightly improved buying from mills, despite the arrival of cotton being quite limited. Positive market sentiment was driven by robust demand in the downstream industry. The quantity of cotton received was estimated at 2,800-2,900 bales, each weighing 170 kg. In terms of trading prices, cotton was sold at ₹5,875-5,975 per maund in Punjab, ₹5,775-5,875 per maund in Haryana, and ₹6,125-6,225 per maund in upper Rajasthan and at ₹55,600-57,600 per candy (a unit of weight equivalent to 356 kg) in lower Rajasthan. 

Fibre2Fashion News Desk (KUL)