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North India's cotton yarn stable, but costlier cotton may cut margins

In Ludhiana, the demand was average and the prices steady. Mills aimed to raise yarn prices to pass on the heightened cost of cotton but the demand did not facilitate any price hike. A trader from the Ludhiana market told Fibre2Fashion, “The demand from the downstream industry was lukewarm, which could sustain prices at the current level. If mills increase yarn prices, buyers will lose interest because they are facing low demand for fabric from the garment industry.” 

In the Ludhiana market, ** 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.