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Cotton yarn prices stable in north India; export orders up in Delhi

The Ludhiana market noted stable prices of cotton yarn amid limited buying. The market did not see any improvement in buying from the weaving industry. The market was facing weak demand because of heavy imports of fabric. A trader from the Ludhiana market told Fibre2Fashion, “Chinese fabric was hurting the domestic spinning and weaving industry. Cheaper imported fabric became a hot product for the market. Liquidity was flowing out to the Chinese market because importers prefer to roll over the business of imported fabric. It has created a payment crisis to some extent.” 

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive); and ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg respectively. 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.