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The cotton yarn price in northern India has further increased, and the output of textile mills has i

2023-02-20

According to the observation of Huacheng's import and export data, cotton yarn in northern India continued to maintain positive operation on Thursday, with the price of cotton yarn in Delhi and Ludinana rising by 3-5 rupees per kilogram. Some textile mill sales orders are sufficient to last until the end of March. Cotton mills have increased yarn production to fulfill export orders. However, the transaction activity of Panipat recycled yarn is sparse, and the price has not changed much.

The price of cardedyarn rose by 5 rupees per kilogram, but the price of combedyarn remained stable. A trader in Delhi said: "By the end of March, the spinning mills had enough export orders. They increased their output to meet the growing demand. The average output increased from 50% to 80% of the installed capacity."

According to Huacheng Import and Export Data Observation, in Delhi, the price of 30 counts of combed yarn per kilogram is 285-290 rupees (excluding consumption tax), 40 counts of combed yarn per kilogram is 315-320 rupees, 30 counts of combed yarn per kilogram is 266-270 rupees, and 40 counts of combed yarn per kilogram is 295-300 rupees.

The price of Ludia yarn also showed an upward trend. The price of cotton yarn increased by 3 rupees per kilogram. Ludiana trade sources said that local demand also improved. Buyers may be encouraged to stock up in summer. Traders believed that the recent price rise also prompted the consumer industry to increase inventory to meet summer demand. According to Huacheng Import and Export Data Observation, the price of 30 combed yarns is 285-295 rupees per kilogram (including consumption tax), 20 and 25 combed yarns are 275-285 rupees and 280-290 rupees per kilogram, and 30 roving yarns are stable at 265-275 rupees per kilogram.

The price of Panipat recycled yarn is not high because the demand is seasonal. Traders said that demand was expected to remain weak until the end of March. Due to the limited purchase demand, the yarn price also shows a stable trend. Huacheng import and export data observation report.

The cotton price in northern India is under pressure due to the high recent arrival. Traders said that the recent increase in cotton prices led to an increase in the number of arrivals. The arrival of cotton in the northern states of India has increased to 12000 bales (170 kg each). The price of cotton in Punjab is 6350-6500 rupees per bag, that in Haryana is 6350-6500 rupees, that in Upper Rajasthan is 6575-6625 rupees per Moond (37.2 kg), and that in Lower Rajasthan is 61000-63000 rupees per Kandi (356 kg). Huacheng Import and Export Data Observation Report.


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