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Stability marks cotton yarn prices in north India as new year begins

There was limited buying of cotton yarn in the Ludhiana market of north India&#**;s Punjab state. Cotton yarn prices also held at the levels noted in the last week of ****. A trader from the Ludhiana market told Fibre2Fashion, “Cotton yarn trade was limited on the second day of the new year. Buyers are expected to return next week. The slow exports of cotton yarn and fabric from India are the primary concerns of the market. The price disparity of Indian cotton could end only when global cotton prices trend upward."

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.