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Cotton yarn demand poor in north India, but prices rise in Ludhiana

The Ludhiana market experienced a slight rise in cotton yarn prices despite weaker demand from the downstream industry. Mills were struggling to increase yarn prices and faced a squeeze in their profit margins after the rise in cotton. Cotton yarn increased by &#****;* per kg for most varieties. A trader from the Ludhiana market told Fibre2Fashion, "Cotton yarn prices were not receiving support from weak demand, but costlier cotton has increased the cost of production for spinning mills. Therefore, mills wanted to pass on the additional cost of production to the buyers." 

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive); ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg respectively; and carded yarn of ** count was noted at ***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro.