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North India's yarn markets struggle with weakened demand

In the Ludhiana market, market sentiments further weakened in the cotton yarn trade due to the potential disruption in cotton garment exports, which may lead to lower buying of the raw material. However, cotton yarn prices remained stable. A trader from the Ludhiana market told Fibre2Fashion, “The market is worried about slower demand from downstream industries. Logistic disruptions in export trade may lead to further weakness in demand. The market was already facing poor uptake of the raw material.”

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 Fibre2Fashion’s market insight tool TexPro.