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North Indian cotton yarn steady as mills pivot to exports

Cotton yarn prices remained stable in the Ludhiana market. Although cotton prices are rising, mills have been unable to increase yarn prices due to weak local demand. A trader from the Ludhiana market told Fibre*Fashion, “Mills are getting better prices in global markets. They are finding buyers in new markets. A few mills are exporting not only yarn but also cotton fabric to Bangladesh despite strained bilateral relations.”

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.