Textile
| Cotton yarn prices surge in north India following MSP hike
Pic: Adobe Stock
Insights
- Cotton yarn prices in Ludhiana surged due to a recent MSP increase, with 30-count combed yarn now at ₹265-275 per kg.
- Despite this, Delhi's prices remained stable amid slow demand.
- Panipat's recycled yarn and raw material prices also held steady.
- North India's cotton prices showed no immediate reaction to the MSP rise, though an increase is expected.