Market yarn prices in India and Vietnam

North Indian cotton yarn remains steady, prices to stay range-bound

• Cotton yarn prices in north India remain steady, expected to stay range-bound due to average buying and a balance between supply and demand.

• Export orders from China have lessened mills’ desperation and increased MSP of unginned cotton supports the fibre.

• Cotton arrivals are declining, leading ginners to withhold stock for higher post-rain prices.

•

• In Ludhiana (GST included)

 30s CM @ 265-275 Rs per kg ~ 3.22 – 3.34 $/kg

 20s CM @ 255-260 Rs per kg ~ 3.09 – 3.15 $/kg

 25s CM @ 260-265 Rs per kg ~ 3.15 – 3.22 $/kg

 30s CD @ 245-255 Rs per kg ~ 2.97 – 3.09 $/kg

• The Delhi (GST extra)

 30s CM @ 265-270 Rs per kg ~ 3.22 – 3.28 $/kg

 40s CM @ 290-295 Rs per kg ~ 3.52 – 3.58 $/kg

 30s CD @ 237-242 Rs per kg ~ 2.88 – 2.94 $/kg

 40s CD @ 267-270 Rs per kg ~ 3.24 – 3.28 $/kg

• In Panipat (GST included)

 10s recycled PC yarn (grey) @ 80-85 Rs per kg ~ 0.97 – 1.03 $/kg

 10s recycled PC yarn (black) @ 50-55 Rs per kg ~ 0.61 – 0.67 $/kg

 20s recycled PC yarn (grey) @ 95-100 Rs per kg ~ 1.15 – 1.21 $/kg

 30s recycled PC yarn (grey) @ 140-145 Rs per k ~ 1.70 – 1.76 $/kg

Comparison with Vietnam market – FOB

10s OE @ 2.20 – 2.28 $/kg

12s OE @ 2.28 – 2.30 $/kg

16s OE @ 2.32 – 2.34 $/kg

20s OE @ 2.37 – 2.39 $/kg

22s OE @ 2.49 – 2.51 $/kg

20s CVCD 60/40 @2.42 $/kg

24s CVCD 60/40 @ 2.49 $/kg

30s CVCM 60/40 @ 2.59 $/kg

20s CVCM 60/40 @ 2.67 $/kg

30s CVCM 60/40 @ 2.67 $/kg

20s CVCD 50/50 @ 2.30 $/kg

30s CVCD 50/50 @ 2.45 $/kg

20s CVCM 50/50 @ 2.60 $/kg

30x CVCM 50/50 @ 2.65 $/kg

20s TCD 65/35 @ 2.00 $/kg

24s TCD 65/35 @ 2.05 $/kg

20s TCM 65/35 @ 2.02 $/kg

30s TCM 65/35 @ 2.12 $/kg

Thank you for your interest in and following market information from COTCO
COTCO is now an agent for yarn factories in Vietnam