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Polyester price drop fuels north India's cotton yarn price decline

The Ludhiana market registered a decrease of &#****;* per kg in cotton yarn prices, indicating a bearish trend. Market conditions have been dampened by a softening in cotton prices. A trader from the Ludhiana market told Fibre2Fashion, “The demand from the weaving industry and exporters has yet to improve. Mills, struggling with a liquidity crunch, are offering lower discounts. Stockists and traders are also selling cotton yarn at lower prices.” 

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive), and the ** and ** count combed yarn traded at &#****;***-*** per kg and &#****;***-*** per kg respectively. Carded yarn of ** count was recorded at &#****;***-*** per kg. Last week, cotton yarn prices experienced a decline in the market, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.