Apparel / Textiles & Accessories

According to Huacheng Import and Export Data Observation, driven by the aggressive sales strategy, the price of cotton yarn in Rudyana, Punjab, India increased by 2 rupees per kilogram. However, due to the Holi Festival to be celebrated in several states on March 7-8, the transaction was restricted. Traders expect that the market will reassess demand and cotton yarn supply after the festival. Due to the low purchase volume and festive atmosphere, the trading volume was moderate.

Although the price of Ludiana cotton yarn rose slightly, the trading was limited due to the festival atmosphere. A trader in Ludiana said: "The spinning mills actively sell their cotton yarn, which further drives the price up. The price of cotton yarn rose by 2 rupees per kilogram."

In Ludinana, the price of 30 combed yarns is 285-295 rupees per kilogram (including consumption tax). The price of 20 and 25 combed yarns is 275-285 and 280-290 rupees per kilogram. According to TexPro, the carding yarn of 30 counts is stable at 264-274 rupees per kilogram, Huacheng Import and Export Data Observation Report.

In Delhi, the festive atmosphere affects trade activities, and prices remain stable due to limited purchases in consumption and export markets. A trader in Delhi said: "Cotton yarn trading activities are limited, and buyers are not eager to trade. They will only be interested in purchasing after the festival." In Delhi, the price of 30 pieces of combed yarn per kilogram is 285-290 rupees (excluding consumption tax), 40 pieces of combed yarn per kilogram is 315-320 rupees, 30 pieces of roving per kilogram is 266-270 rupees, 40 pieces of roving per kilogram is 295-300 rupees, Huacheng Import and Export Data Observation Report.

Panipat recycled yarn remained unchanged due to the slowdown in holiday temperature and procurement. Panipat, a trade source, said that the cotton yarn trade still fluctuated within the range due to poor procurement by spinning mills. The price of 10 recycled PC yarns (grey) is Rs. 88-92 per kilogram (excluding consumption tax), 10 recycled PC yarns (black) are Rs. 60-65 per kilogram, 20 recycled PC yarns (grey) are Rs. 105-110 per kilogram, and 30 recycled PC yarns (grey) are Rs. 150-155 per kilogram. The price of combed yarn is 155-160 rupees per kilogram, and that of recycled polyester fiber is 74-77 rupees per kilogram. Huacheng Import and Export Data Observation Report.

The cotton price in northern India hovered around last week's level, and the demand of spinning mills remained stable. However, in order to meet the demand, the arrival quantity is also balanced. Traders said that the market would find direction after the Holi Festival. The price of cotton in Punjab is 6300-6375 rupees per 37.2 kg, Haryana 6300-6400 rupees, Upper Rajasthan 6525-6600 rupees, Lower Rajasthan 60300-62300 rupees per 356 kg, Huacheng Import and Export Data Observation Report.