The cotton yarn market in North India remains subdued as weak demand and payment constraints continue to impact the sector.
Despite a rise in cotton costs, mills are unable to increase yarn prices, leading to a stable pricing environment.
In Ludhiana, a key textile hub, cotton yarn prices have remained steady due to sluggish demand from the weaving industry. Traders report that both mills and traders are under pressure to sell at reduced prices, with no significant improvement in demand. Prices for 30-count cotton combed yarn range from ₹262-272 per kg, while 30-count carded yarn is priced between ₹242-247 per kg.
Similarly, the Delhi market has experienced a decline in cotton yarn prices, attributed to weak demand from downstream industries. Despite the festival season, domestic demand remains bearish, with no uptick in orders from the weaving industry. Prices for 30-count combed yarn are trading between ₹265-270 per kg, and 30-count carded yarn at ₹235-240 per kg.
In Panipat, the recycled yarn market has also remained steady, driven by weak demand in the retail sector.
Several counts and varieties of recycled yarn have eased by ₹5-7 per kg.
A local trader cited the lower festival demand as a primary concern for the industry. 10s recycled PC yarn (Grey) is trading at ₹75-80 per kg, while 30s recycled PC yarn (Grey) is priced between ₹135-145 per kg.
Overall, the cotton yarn market in North India faces challenges due to weak demand and payment constraints, leading to stable prices despite rising cotton costs.
Industry stakeholders remain cautious as they navigate these market conditions.
