The Ludhiana market reported a decrease of ****;*-* per kg in cotton yarn prices, with bearish sentiments prevailing due to the absence of buyers. Mills and traders, keen to avoid a loss in sales, were hesitant to offer lower prices. A trader from the Ludhiana market told Fibre2Fashion, "The decline in cotton prices has further dampened the already weak market sentiments. Mills have an inventory of yarn produced from cotton purchased at significantly high prices. Traders are eager to protect their capital in this uncertain market."
According to the *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">market insight tool TexPro from Fibre2Fashion, ** count cotton combed yarn was sold at ****;***-*** per kg (GST included). Meanwhile, ** and ** count combed yarn traded at ****;***-*** per kg and ****;***-*** per kg, respectively. The price for carded yarn of ** count was recorded at ****;***-*** per kg.
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