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North India cotton trade weakens amid 500% US tariff threat

Cotton yarn prices remained steady in the Ludhiana market, though spinning and weaving units are facing uncertainty due to the tariff threat. A Ludhiana-based trader told Fibre*Fashion, “Such high tariffs would not allow Indian exports to remain competitive in the US market. Although there is little chance of such an extreme measure being implemented, if it does happen, Indian exporters would lose a large market in the US. As a result, exporters would have to adjust current stocks of raw materials and finished goods.”

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** (~$*.**-*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at &#****;***-*** (~$*.**-*.**) per kg and &#****;***-*** (~$*.**-*.**) per kg, respectively; and carded yarn of ** count was noted at &#****;***-*** (~$*.**-*.**) per kg today, according to trade sources.