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Cotton yarn eases in north India as demand low amid festival season

The Ludhiana market has experienced a decline in cotton yarn prices, with a notable drop of &#****;*-* per kg. Trade sources attribute this slump to lacklustre retail sales of garments in domestic markets. A trader from the Ludhiana market, speaking to Fibre2Fashion, said, "Mills and stockists are under pressure to clear their inventory, even at lower prices. Traders and stockists have been compelled to sell their stock at a loss, as they see no prospects for recovery in the near future." 

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.