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Cotton yarn prices down in Ludhiana, demand slow in north India

The Ludhiana market has witnessed a fall of &#****;*-* per kg in cotton yarn prices. Last week, cotton prices had recorded a sharp decline in India and the world, prompting a similar trend in the cotton yarn market in Ludhiana. A trader from the Ludhiana market told Fibre2Fashion, “Cotton yarn eased because of the downfall in fibre prices. Buyers did not take an interest in new purchases because they preferred to follow a wait-and-watch policy.” 

In the Ludhiana market, ** count cotton combed 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.