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Sluggish demand in north India's cotton yarn market, prices stable

18 Jul '24
4 min read
Sluggish demand in north India's cotton yarn market, prices stable
Sluggish demand in north India's cotton yarn market, prices stable

Insights

  • North India's cotton yarn trade is struggling with low demand and tight liquidity.
  • Prices remain stable, but mills and stockists are pressured to sell.
  • In Delhi and Ludhiana, yarn prices are steady but face slow demand.
  • Panipat's recycled yarn market is also stable with cautious buying.
  • Cotton prices are rising as the arrival season ends.

Cotton yarn prices remained steady in the Delhi market, but demand was slow as buyers were cautious about new deals. A trader from the Delhi market told Fibre2Fashion, "The entire textile value chain is lacking confidence in demand. It is causing a liquidity crunch in the market for buying new stocks."

In Delhi, ** count combed knitting yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (excluding GST), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg today.

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