| 

Bearish trend in north Indian cotton yarn market, prices decline

In Ludhiana, cotton yarn traded at reduced prices due to slower demand and lower cotton prices. A trader from the Ludhiana market told Fibre2Fashion, "The demand for cotton yarn was not encouraging enough to support price stability. The cheaper cotton also added pressure on yarn prices." Although cotton prices saw a slight gain on Monday, they had dropped in the previous two weeks.

In Ludhiana, **-count cotton combed yarn was sold for &#****;***-*** (approximately $*.**-*.**) per kg (inclusive of GST); ** and **-count combed yarn traded at &#****;***-*** (approximately $*.**-*.**) per kg and &#****;***-*** (approximately $*.**-*.**) per kg, respectively; and **-count carded yarn was noted at &#****;***-*** (approximately $*.**-*.**) per kg today, according to trade sources.