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Cotton yarn demand further weakens in north India, prices decrease

The Ludhiana market has seen a decline in cotton yarn prices due to lower demand. Buying has further decreased as traders exercise caution with new purchases. A trader from the Ludhiana market told Fibre2Fashion, "Cotton yarn prices have dropped by &#****;* per kg. Mills and sellers are under pressure to offer lower prices as buyers have become more cautious. The cyclone in Gujarat has also disrupted market sentiments." 

The Ludhiana market reported a decrease of &#****;* per kg compared to previous rates. The **-count cotton combed yarn sold for &#****;***-*** per kg (GST inclusive), while ** and ** count combed yarn traded at &#****;***-*** per kg and &#****;***-*** per kg respectively. The **-count carded yarn was priced at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.