Cotton yarn prices in North India remain stable amid cautious market sentiment

As 2024 draws to a close, cotton yarn prices in North India have remained largely stable, with minimal fluctuations despite varying market dynamics. Key markets like Ludhiana, Panipat, and Delhi have seen only marginal changes in prices, as manufacturers and traders exercise caution ahead of the New Year, influenced by inconsistent demand from both domestic and international markets.

Throughout 2024, cotton yarn prices have been pressured by rising input costs, volatile cotton prices, and changing demand patterns. While domestic demand for woven fabric and knitted apparel has been steady, exports have been hit by factors such as currency fluctuations and lower orders from the US and EU.

Experts suggest that early 2025 may see slight upward pressure on yarn prices, contingent on cotton harvest outcomes and shifts in global cotton prices.

Textile manufacturers are closely monitoring market trends as they prepare for the New Year, with the broader outlook for 2025 hinging on international demand and raw material costs.