Cotton yarn prices in Ludhiana rise as demand picks up across North India

Cotton yarn prices in Ludhiana increased by Rs 1 per kg as demand picked up in North India. Raw cotton prices also increased 1-2 per cent. While Delhi's market remains stable for now, price hikes there could be on the horizon. Spinning mills across the region are facing a dual challenge: rising raw material expenses coupled with sluggish demand from downstream sectors. The supply of new cotton is minimal, and while the new crop is progressing steadily, it's experiencing a delay of 2-3 weeks.