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North India cotton yarn prices stable, recycled PSF up in Panipat

The Ludhiana market saw bearish demand, but prices remained steady. Mills encountered disparity as they could not increase prices following a surge in natural fibre costs. A trader from the Ludhiana market informed Fibre2Fashion, "Spinning mills were confronting weak demand but were reluctant to lower prices. Depressed market rates are further pressurising the mills. Bearish demand from the weaving industry has been noted, owing to sluggish production activities in the garment sector." 

The ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive); ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg respectively; and carded yarn of ** count was noted at ***-*** per kg in Ludhiana, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro.