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North India's cotton yarn market steadies amidst slow demand

In the Ludhiana market, sentiments were weak in the cotton yarn trade as demand was very slow. Cotton yarn exports were also limited due to the poor demand for garments in the global market. Domestic garment manufacturing units were cautious in buying fabric, leading to decreased demand in the weaving and spinning industries. A trader from the Ludhiana market told Fibre2Fashion, "The export demand for cotton yarn was also slow. The huge supply of cotton fabric and garments from Bangladesh was also affecting domestic demand." 

In Ludhiana, ** 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, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro.