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North Indian cotton yarn steady as traders await winter demand surge

Cotton yarn prices hovered at previous levels as tight payment conditions suppressed demand. The market is hopeful that colder weather will help improve payment flow. A trader from Ludhiana market told Fibre2Fashion, “Demand for summer garments is expected to pick up in the coming week. Extreme cold may increase demand for woollen garments and improve payment flow in the textile market. Better payment flow will likely drive cotton yarn demand as temperatures drop in the coming days.”

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