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North Indian cotton yarn steady, festive season may boost demand

03 Oct '24

4 min read

North Indian cotton yarn steady, festive season may boost demand

Insights

Cotton yarn prices remained stable across north India despite festive season, with moderate demand in Delhi and Ludhiana.
Traders expect improved buying during Navratri.
Panipat's recycled yarn market also saw stable demand, though recycled polyester fibre prices increased due to rising crude oil prices.
New cotton prices in north India rose slightly due to increased arrivals and better quality.

In Ludhiana, demand was moderate, insufficient to push cotton yarn prices upward. A trader from Ludhiana told Fibre2Fashion, “The next phase of the festive season, starting with Navratri, might bring some positive buying momentum. The consumer industry is purchasing cotton yarn based on immediate demand, and they may consider stocking up if there’s confidence in increased demand from the downstream industry.”

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.