
North India cotton yarn prices stay steady amid slow demand
Cotton yarn prices in North India have remained steady despite a sluggish demand in the market. Industry experts say the price stability comes after a period of volatility due to fluctuations in cotton costs and raw material supply chain issues.
According to market insiders, the slow demand for cotton yarn is primarily attributed to a downturn in domestic fabric consumption and a cautious outlook from international buyers. Many textile manufacturers are reportedly holding off on large-scale orders, further contributing to the subdued market conditions.
The price of cotton yarn in key markets, including Ludhiana, Panipat, and Delhi, has seen limited movement in recent weeks. While some traders are optimistic about a recovery in demand following the upcoming festival season, the outlook for the short term remains uncertain.
Despite the lack of demand pressure, the cotton yarn industry is facing high operational costs due to increased energy prices and supply chain constraints. Analysts suggest that these factors could affect future price trends, though any significant changes are not anticipated in the near term.