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Cotton yarn gains in Ludhiana, demand better in north India

Ludhiana market witnessed higher prices of cotton yarn. Demand was better from both exports and domestic consumption. A trader from Ludhiana market told Fibre2Fashion, “There was better buying from weaving industry and stockists. Buyers were trying to book new deals as they expected price rise after recent gain in cotton prices.” ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive). ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg respectively. Carded yarn of ** count steadied at &#****;***-*** per kg, according to Fibre2Fashion’s market insight tool TexPro.

In Delhi, cotton yarn prices were stable, but trading activities were better. A trader from Delhi market said that despite better trading activities, uncertainty persisted. Cotton yarn was traded steady. Sources said that the buyers were trying to get clearer picture of market trend. In Delhi market, ** count combed yarn was traded at &#****;***-*** per kg (GST extra), ** count combed at &#****;***-*** per kg, ** count carded at &#****;***-*** per kg and ** count carded at &#****;***-*** per kg.