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North India cotton yarn prices stable, but comber rises in Panipat

In Ludhiana, demand was lower as mills refrained from fresh buying due to lower cotton prices, with buyers anticipating a further decline. A trader from the Ludhiana market told Fibre2Fashion, “Spinning mills are facing headwinds in the cotton yarn export market due to price disparities. India’s traditional buyer, Bangladesh, is also encountering various issues, including payment problems, which affect the placement of orders for cotton yarn imports. Mills are hesitant to export to Bangladeshi buyers due to concerns about timely payments. Domestic cotton yarn demand is also below average.”

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.