Cotton yarn prices increased by ****;* per kg in the Ludhiana market, as spinning mills further hiked selling prices to pass on higher production costs. A trader from the Ludhiana market told Fibre*Fashion, “Cotton yarn prices were quoted higher as mills were trying to recover additional production costs. However, demand from the consumer industry was not very encouraging in north India.”
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.
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