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Cotton yarn prices stable in north India amid low demand

The Delhi market noticed a bearish tone in cotton yarn trade. Its prices were stable amid slow demand. According to market sources, buyers were reluctant to buy in bulk as they did not expect an improvement in demand from the garment industry. In this market, ** count combed knitting yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg today.

The Ludhiana market also remained inactive amid poor demand. There was no significant movement in cotton yarn prices. A trader from this market told Fibre2Fashion, "Market sentiments remained weak. But spinning mills were not interested in selling their production at lower prices. They are still busy fulfilling their export commitments. The end of the cotton arrival season was also a positive factor for the market.”