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North Indian cotton yarn demand sluggish; mills unable to raise prices

In Ludhiana, cotton yarn prices remained steady. Mills are attempting to raise their selling prices, but the lack of demand is preventing any increase. A trader from Ludhiana told Fibre2Fashion, “Buyers are waiting for a breakthrough in trade deal negotiations between India and the US. Once there is clarity on US tariffs, foreign brands and retailers may become more willing to place orders. The current uncertainty is affecting the entire textile value chain.”

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** (~$*.**-*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at &#****;***-*** (~$*.**-*.**) per kg and &#****;***-*** (~$*.**-*.**) per kg, respectively; and carded yarn of ** count was noted at &#****;***-*** (~$*.**-*.**) per kg today, according to trade sources.