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North Indian yarn market down due to falling cotton prices

The Ludhiana market witnessed a declining trend in cotton yarn prices, easing down by &#****;* per kg across most counts and varieties due to limited demand from fabric manufacturers. A trader from Ludhiana told Fibre2Fashion, "Cotton yarn demand is not picking up. Seasonally, it should increase for the coming festival and winter season. Actually, huge imports of fabric and garments are hurting the domestic industry severely. Imported supplies are eating into demand in the textile value chain."

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.