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North Indian cotton yarn witnesses sluggish demand, prices steady

In Ludhiana, cotton yarn demand remained sluggish. Domestic demand dropped as buyers shifted towards polyester. Uncertainty over garment export orders from the US also weighed on market sentiment. A trader from Ludhiana told Fibre2Fashion, “Cotton yarn demand was below average. Market sentiment is unlikely to improve very soon. Buyers preferred to adopt a wait-and-watch approach.”

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.