Cotton yarn prices in Ludhiana dropped as mills offered better deals to prospective buyers. Demand was high as new export orders were received from many countries including China and Bangladesh. “Mills reduced yarn prices as cotton prices decreased. Demand was average but it is improving as compared to the previous weeks,” Gulshan Jain, a trader from Ludhiana, told Fashion*Fashion.
In Ludhiana, ** count combed cotton yarn was sold at ****;***-*** per kg (GST inclusive). ** and ** count combed yarn were traded at ****;***-*** per kg and ****;***-*** per kg respectively. Carded yarn of ** count was steady at ****;***-*** per kg, according to Fibre2Fashion’s market insight tool TexPro.
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