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North India cotton yarn prices range-bound in final days of year 2024

The Ludhiana market witnessed a steady trend in cotton yarn prices. The market experienced limited trade in the last week of the current year. A trader from the Ludhiana market told Fibre2Fashion, “Slow demand from buyers in the last week is a factor for the market. But price disparity is a more serious concern. Large-sized textile mills are buying cotton from the global market and exporting cotton yarn.” He added that the Cotton Corporation of India (CCI) will corner a large quantity of cotton due to substantial procurement.

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