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North India sees weak cotton yarn demand; prices stay flat

The Ludhiana market experienced slow to average demand amid stable cotton yarn prices. The market is witnessing weak demand from the consumer industry, primarily due to payment constraints. A trader from Ludhiana told Fibre2Fashion, “Slow demand in the downstream industry has dried up payment flow. There are indications of a bullish tone in cotton prices. If demand from the downstream industry improves, yarn prices may find strong support.”

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.