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Mixed trends in north Indian cotton yarn market amid slow demand

The Ludhiana market noted a steep fall of &#****;* per kg in most counts and varieties of cotton yarn. Slow demand from buyers and selling pressure on stockists and traders decreased their selling prices to clear their stocks. A trader from the Delhi market told Fibre2Fashion, "Continued imports of fabric from China and other countries are causing slow demand. Fabric demand is not slow, but it is being met with cheaper imported optional fabric.” The spinning industry is facing a very challenging time amid uncertain market conditions.

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.