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Cotton yarn, recycled yarn prices down in north India amid uncertainty

12 Aug '24

4 min read

Cotton yarn, recycled yarn prices down in north India amid uncertainty

Insights

North India's cotton yarn trade is experiencing a downturn due to the ongoing Bangladesh crisis and upcoming holidays, leading to decreased demand and payment issues.
Cotton yarn prices fell in Ludhiana and Delhi, while recycled yarn, cotton comber, and recycled polyester fibre also saw price drops.
The Panipat home textile market was also affected.

In Ludhiana, cotton yarn prices fell further by &#****;* per kg. The crisis in Bangladesh disrupted the shipment of fabric and yarn, exacerbating payment issues. A trader from Ludhiana told Fibre2Fashion, “Large quantities of fabric and yarn are shipped to Bangladesh, but shipments are stuck at different stages, creating significant uncertainty regarding payments from importers in the neighbouring country.”

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.