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Cotton yarn prices ease in north India, steady in Panipat

Cotton yarn was traded down by &#****;* per kg in the Ludhiana market due to weak demand. The garment and fabric industries are uncertain about demand in the upcoming months. A trader from the Ludhiana market told Fibre2Fashion, "Traders were reluctant to transact in cash because of strict police checks. This hampered the textile trade and slowed down yarn trade. The police, under the Election Commission, have tightened checks to stop cash transactions during the general elections.” Although the Iran-Israel conflict was expected to ease, overall geopolitical tensions remain a cause for concern regarding better retail demand in several countries.

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** (approximately $*.**-*.**) per kg (inclusive of GST); ** and ** count combed yarn 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.