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Positivity in north Indian cotton yarn market as ex-factory rates up

The Ludhiana market witnessed a rise in cotton yarn prices, trading higher by approximately &#****;* per kg. This surge is attributed to mills enhancing the ex-factory rates of cotton yarn to offset the additional production costs incurred due to more expensive cotton. A trader from the Ludhiana market told Fibre2Fashion, "Spinners were able to increase their ex-factory rates because they have already sold significant quantities in the export market. Domestic buyers have been purchasing cotton yarn on a regular basis. However, they have not been very aggressive in buying." 

Current rates (inclusive of GST) in Ludhiana are as follows: ** count cotton combed yarn at &#****;***-*** per kg, ** and ** count combed yarn at &#****;***-*** per kg and &#****;***-*** per kg respectively, and carded yarn of ** count at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro.