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North Indian cotton yarn trade faces weak demand, US worries

The Ludhiana market witnessed average demand for cotton yarn, with spinners struggling to maintain prices. A trader from Ludhiana told Fibre2Fashion, “Spinning mills are under pressure to lower their selling prices. The availability of fine-quality polyester yarn is also a concern for the cotton yarn trade. Cheaper imports of polyester fabric are eating into the cotton 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.