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North Indian cotton yarn stable; optimism seen due to Chinese orders

The cotton yarn prices in the Ludhiana market remained stable. However, there was limited purchasing from the weaving industry due to stagnant domestic and export apparel demand. A trader from the Ludhiana market told Fibre2Fashion, “There were speculations that many spinning mills have received significant export orders for cotton yarn from Chinese buyers. The recent increase in ICE cotton prices led Chinese importers to divert some orders to Indian exporters, potentially providing support to the domestic cotton yarn market.” 

According to *f&utm_medium=ballripple&utm_campaign=Texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro, prices for ** count cotton combed yarn ranged from &#****;***-*** per kg (inclusive of GST); and ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively. The price of ** count carded yarn was noted at &#****;***-*** per kg. Overall, cotton yarn prices remained stable in the market.