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North Indian cotton yarn faces weaker demand, prices ease in Ludhiana

18 Nov '24
5 min read
North Indian cotton yarn faces weaker demand, prices ease in Ludhiana
Pic: Adobe Stock

Insights

  • Cotton yarn demand in north India weakened due to sluggish downstream and export demand, leading to price declines in Ludhiana, while Delhi saw stable prices.
  • Mills are importing cheaper cotton as high MSP makes domestic cotton uncompetitive globally.
  • Recycled yarn prices in Panipat remained steady despite slow demand for home furnishing products post-Diwali.

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