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North India's cotton yarn market holds steady amidst export deals

11 Sep '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Despite limited domestic demand in north India, cotton yarn prices remained stable due to mills securing substantial export orders, resisting pressure to lower domestic prices.
  • Ludhiana saw a slight rise in yarn prices, recovering from previous week's dip.
  • However, a pessimistic global outlook and rising cotton prices maintain pressure on production costs.

In Ludhiana, the market noted a positive trend with an increase of &#****;*-* per kg as yarn prices recovered from last week’s fall. A trader from the Ludhiana market told Fibre2Fashion, “After securing export orders, mills were reluctant to cut domestic prices. The mills are reported to have sold *-* months&#**; orders which increased confidence.” 

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

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