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Cautious optimism persists in north Indian cotton yarn, prices up

Cotton yarn prices rose by &#****;* per kg in the Ludhiana market as spinners quoted higher rates, with mills refraining from selling at lower prices. A trader in Ludhiana told Fibre2Fashion, “Spinning mills have increased their mill rate by &#****;* per kg as they anticipate higher demand for summer garments and are confident that the market has bottomed out before the festival.”

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