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Limited cotton yarn trade in north India, prices may move next week 

09 Mar '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • There was limited trade in the cotton yarn market in North India after the celebration of Holi. The North Indian market witnessed muted buying today, and traders said that cotton yarn prices remained stable. They anticipate any movements only in the next week when buyers return to the market. The demand from the downstream industry was very weak.

Buyers were absent in Ludhiana after Holi, and traders were not interested in new deals as buyers were inactive. A trader from the Ludhiana market told Fibre2Fashion, "The market could not come out of the grip of the festival. Buyers and sellers were not active for any deals. Thin trade may continue until this week, and the market may only get direction on Monday." 

According to Fibre2Fashion&#**;s market insight tool TexPro, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive), while ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively. Carded yarn of ** counts was steady at &#****;***-*** per kg. 

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