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North India cotton yarn steady, falling rupee helps in export

Cotton yarn prices in Ludhiana also held firm, with domestic demand still sluggish and liquidity concerns limiting transactions. A local trader told Fibre*Fashion, “Spinning mills secured export orders, particularly from China, as the weaker rupee created a pricing advantage. This has strengthened mills’ confidence and helped maintain current yarn price levels.”

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** (~$*.**-*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at &#****;***-*** (~$*.**-*.**) per kg and &#****;***-*** (~$*.**-*.**) per kg, respectively; and carded yarn of ** count was noted at &#****;***-*** (~$*.**-*.**) per kg today, according to trade sources.