Imports of cheaper cotton garments from China may impact the entire textile value chain of India. Traders want quick action to protect the domestic industry, trade, and farmers.

Recycled yarn prices have remained stable. It is mainly used in home furnishing and to make coarse fabrics. Demand for recycled yarn is yet to pick up as there were no activities on the export front. Exporters are struggling to get new orders due to the economic slowdown in foreign markets. The ban on coal-based dyeing units in Panipat has been relaxed till the end of December this year, thus recycled yarn supply remained stable in the market.North India’s cotton yarn market witnessed a mixed trend. Prices remained stable in Delhi, while Ludhiana noted a fall of Rs5 per kg due to imports of cheaper cotton garments in India. The cotton yarn market is not getting support despite an improvement in cotton prices.However mills are making efforts to increase yarn prices.

North India’s cotton prices increased due to the low crop estimate and cloudy weather. North India’s cotton production estimate for the new marketing season has been lowered by around ten lakh bales. The region comprises Punjab, Haryana, upper Rajasthan and lower Rajasthan.