| 

North Indian cotton yarn prices stay stable on higher demand

The Ludhiana market observed steady cotton yarn prices, and spinning mills are not under pressure to clear their stock. A trader from Ludhiana told Fibre*Fashion, “Mills are focusing on their margins rather than volumes. Although cotton prices found support in recent days, peak arrivals and lower prices have provided some comfort for the spinning sector. However, the payment crisis remains a major concern for the yarn market.”

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.