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North India's cotton yarn trade stagnant amid weak demand

The Ludhiana market remained stable after an increase of &#****;* per kg at the beginning of this week. The market saw slow to average demand from the downstream industry. A trader from the Ludhiana market told Fibre2Fashion, “Cotton prices have seen a consistent rise in recent weeks, but this has not been passed on to yarn prices as demand has not been supportive. Cotton yarn prices may increase when payment flow improves, and buyers return for stocking.” The summer season may support cotton yarn prices in the coming months.

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.