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Cotton yarn prices steady in north India despite fall in cotton fibre

Cotton yarn traded stably in the Ludhiana market amid average demand. Mills did not pass on the price fall in cotton as there was no pressure to sell their production. However, stockists and traders were selling the product at comfortable levels. A trader from the Ludhiana market told Fibre2Fashion, "The market witnessed average demand as buyers were cautious about new purchases. They expected an ease in cotton prices. The mills’ strategy supported cotton yarn prices to stay at the current level. The fabric and garment industry were concerned about the current geopolitical situation.”

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 ** count carded yarn was noted at &#****;***-*** (approximately $*.**-*.**) per kg today, according to trade sources.