Cotton yarn prices were stable in the Ludhiana market because trading activities slowed down due to rain. According to a trader from the Ludhiana market who spoke to Fibre2Fashion, “There was not much trade in Ludhiana because of the rain. Buyers were not seen in the market. The market may take direction very soon.”
Cotton yarn prices in north India remained steady today due to low demand.
Unseasonal rains in Punjab limited trading activities.
Cotton comber and recycled polyester yarn prices rose in Panipat, while recycled yarn prices remained stable because of weak demand.
Cotton prices in the region were steady but the arrival of cotton reduced due to the rains.
In Ludhiana, 30-count cotton combed yarn was sold at ₹276-286 per kg (GST inclusive), while 20 and 25-count combed yarns were traded at ₹266-276 per kg and ₹270-280 per kg, respectively. Carded yarn of 30-count was noted at ₹255-265 per kg, according to Fibre2Fashion’s market insight tool TexPro.
In Delhi, cotton yarn prices remained at previous levels due to discouraging demand. According to a trader from the Delhi market who spoke to F2F, “Cotton yarn may continue to see sluggish demand from the downstream industry. Price disparity remains a sticky issue for the entire value chain. Demand will also remain weak due to seasonal impact.” In this market, 30-count combed yarn was traded at ₹280-285 per kg (GST extra), 40-count combed yarn at ₹305-310 per kg, 30-count carded yarn at ₹255-260 per kg, and 40-count carded yarn at ₹285-290 per kg, according to TexPro.
Cotton comber prices in Panipat rose by ₹3-4 per kg due to slower supply, while the recycled yarn market saw a steady trend in prices amid weaker demand. Recycled polyester fibre also saw a price rise of ₹3 per kg. According to trade sources, the value chain of Panipat’s home furnishing industry was active in building up stocks of cotton comber, but the arrival of cotton waste remained tight, which supported comber.
In Panipat, 10s recycled PC yarn (grey) was traded at ₹88-92 per kg (GST extra), 10s recycled PC yarn (black) at ₹60-65 per kg, 20s recycled PC yarn (grey) at ₹100-105 per kg, and 30s recycled PC yarn (grey) at ₹150-155 per kg. Comber prices were noted at ₹144-146 per kg. Recycled polyester fibre (PET bottle fibre) was noted at ₹76-78 per kg.
Cotton prices in North India remained steady amid slower demand. According to traders, cotton demand and arrival were lower due to the rains in Punjab and other adjoining areas, which discouraged buyers from making new deals for cotton purchases. However, cotton was traded higher last Saturday. Today, cotton prices were ruling at ₹6,160-6,270 per maund of 37.2 kg in Punjab, ₹6,150-6,260 per maund in Haryana, and ₹6,380-6,480 per maund in upper Rajasthan. Cotton was sold at ₹59,000-61,000 per candy of 356 kg in lower Rajasthan. The arrival was reduced to 7,000 bales of 170 kg in north India.
Fibre2Fashion News Desk (KUL)
