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North India sees stability in cotton yarn prices, average demand

The Delhi market witnessed stability in cotton yarn. A trader from the Delhi market told Fibre2Fashion, "The market observed average buying and yarn prices remained stable. The fall in cotton prices did not lead to a cut in yarn prices because the local market did not experience as much of a price reduction as seen in ICE cotton." In this market, ** count combed yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg today, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

Cotton yarn traded steadily in the Ludhiana market as well. However, the demand was slightly better. A trader from the Ludhiana market told F*F, "Buyers were cautious after the fall in cotton prices, but they had to place orders due to depleting stocks. Mills were not keen to reduce yarn prices following the decline in cotton."