Cotton yarn prices have remained steady since last week in the Ludhiana market. Demand was average because of a sluggish trend in the value chain. “Cotton yarn demand was not remarkable. Cloudy and cold weather did not allow buying to improve from the weaving industry. Ludhiana’s cotton yarn market noticed stability in prices,” a trader from Ludhiana market told Fibre2Fashion. 

North India’s cotton yarn market remained steady as the region witnesses cloudy weather and another cold wave. The demand was average, and the prices remained stable today. Cloudy weather coupled with extended winter is dampening market sentiments. Recycled yarn also remained stable in Panipat. The home furnishings industry is facing muted demand.

In Ludhiana, 30 count cotton combed yarn was sold at ₹280-290 per kg (GST inclusive). 20 and 25 count combed yarn were traded at ₹270-280 per kg and ₹275-285 per kg respectively. Carded yarn of 30 count was steady at ₹260-270 per kg, according to Fibre2Fashion’s market insight tool TexPro. 

In Delhi, cotton yarn prices were unmoved because of stability from the weaving industry. A trader from Delhi said that the market is unlikely to see improvement in demand in the near future. In this market, 30 count combed yarn was traded at ₹280-285 per kg (GST extra), 40 count combed at ₹310-315 per kg, 30 count carded at ₹255-260 per kg and 40 count carded at ₹280-285 per kg. 

There was not much improvement in Panipat’s recycled yarn market either. Recycled yarn prices were steady. Traders said that consumer buying is not improving due to economic challenges. Domestic as well as export demand also continue to be muted. In Panipat, 10s recycled yarn (white) was traded at ₹88-90 per kg (GST extra). 10s recycled yarn (coloured – high quality) was traded at ₹105-110 per kg, 10s recycled yarn (coloured – low quality) at ₹80-85 per kg and 20s recycled PC coloured (high quality) at ₹110-115 per kg. 30 recycled PC coloured (high quality) was at ₹145-150 per kg. 10s optical yarn was priced at ₹100-110 per kg in the market. Comber prices were noted at ₹150-155 per kg. Recycled polyester fibre (PET bottle fibre) was noted at ₹80-82 per kg, as per TexPro. 

North India’s cotton prices also remained steady amid low arrival. According to the traders, cotton arrival reduced to just 9,000 bales of 170 kg each because of cloudy and cold weather. Cotton was traded at ₹6,225-6,350 per maund in Punjab, ₹6,225-6,350 per maund in Haryana and ₹6,425-6,500 per maund in upper Rajasthan, and at ₹60,000-61,700 per candy of 356 kg in lower Rajasthan. Cotton arrival decreased to 9,000 bales. 

Fibre2Fashion News Desk (KUL)