Pic: Shutterstock.com
Insights
- Cotton yarn prices in north India rose by ₹***–*** per kg as mills prioritised exports, tightening domestic supply, with strong demand from China and Bangladesh and rupee weakness supporting margins.
- Ludhiana and Delhi markets saw steady gains across counts.
- Panipat trade remained subdued due to Eid-related labour shortages.
- Cotton prices stayed stable to slightly lower amid weak global cues.
In the Ludhiana market, cotton yarn prices increased again by ****;* per kg amid strong export demand. Local prices rose as spinning mills diverted cotton yarn to export markets, where they are receiving more attractive prices. A trader from the Ludhiana market told Fibre*Fashion, “The mills are getting good demand from the export market. Importers from Bangladesh and China are buying cotton yarn from the Indian market. They have limited sourcing alternatives in the current market scenario.” In Ludhiana, ** count cotton combed yarn was sold at ****;***-*** (~$*.**-*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at ****;***-*** (~$*.**-*.**) per kg and ****;***-*** (~$*.**-*.**) per kg, respectively; and carded yarn of ** count was noted at ****;***-*** (~$*.**-*.**) per kg today, according to trade sources.
To read the full story, become a PRIME member today.
PRIME
Unlimited Access to
F2F Prime Content
Trial $1 Only
for your first 30 days then pay $19 per month
2 hours ago