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North India cotton yarn prices rise; optimism grows from US rate cut

In Ludhiana, various counts and varieties of cotton yarn saw a price increase of &#****;* per kg as mills adjusted their rates. A trader from Ludhiana told Fibre2Fashion, "Mills have raised their selling rates following the increase in cotton prices, but there hasn&#**;t been any noticeable improvement in demand from the downstream industry. The garment industry, in particular, has not shown significant buying support."

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.