Fashion
North India cotton yarn prices rise as mills gain pricing power
The Delhi cotton yarn market witnessed price rise of ****;*–* per kg over the past couple of days. Mills are raising cotton yarn prices to pass on increase in cotton prices. However, consumer industry feels that spinning mills are increasing cotton yarn prices disproportionately. A trader from Delhi market told Fibre*Fashion, “Spinning mills have booked their production for the next **–** days in the export market. Therefore, they face minimal pressure to sell cotton yarn in the domestic market and are quoting higher prices for the local consumer industry.”
In Delhi, ** count combed knitting yarn was traded at ****;***–***(~$*.**–*.**) per kg (GST extra), ** count combed at ****;***–*** (~$*.**–*.**) per kg, ** count carded at ****;***–*** (~$*.**–*.**) per kg, and ** count carded at ****;***–*** (~$*.**–*.**) per kg today, according to market sources.