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Cotton yarn prices stable in north India amid average demand

The Ludhiana market witnessed average demand for cotton yarn from the consumer industry. Cotton yarn prices did not see significant movement. A trader from the Ludhiana market told Fibre2Fashion, “Domestic cotton was traded lower due to weakness in ICE. However, this trend was not reflected in cotton yarn prices. Stability in cotton yarn prices was not due to better demand, but spinners are trying to hold prices.”

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.