The Ludhiana market is grappling with reduced demand, exacerbated by an influx of cheaper fabric imports from China. Although the festival season typically boosts cotton yarn demand, this has not been the case as imported fabric continues to dominate the market. Prices of cotton yarn have declined by ****;*-* per kg since last week. A trader from Ludhiana informed Fibre2Fashion, "There has been no uptick in demand. Both mills and traders are facing difficulties in clearing their existing stock." According to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion**;s market insight tool TexPro, **-count cotton combed yarn traded between ****;***-*** per kg (GST inclusive). Similarly, ** and **-count combed yarn were traded at ****;***-*** per kg and ****;***-*** per kg, respectively. The price for carded yarn of **-count stood at ****;***-*** per kg.
The Delhi cotton yarn market has also observed stability, largely due to restricted demand from the downstream industry. Even the ongoing festival season has failed to invigorate the bearish domestic market. A trader in Delhi told F*F, "The current festival season has not managed to lift market sentiments. Essentially, the weak demand from the downstream industry is due to sluggish export demand." According to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro, the trading range for **-count combed yarn was ****;***-*** per kg (GST extra), **-count combed yarn at ****;***-*** per kg, **-count carded yarn at ****;***-*** per kg, and **-count carded yarn at ****;***-*** per kg.
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