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North Indian cotton yarn stable; Chinese imports hurt sentiments

The Ludhiana market reported stagnant prices, despite low demand. Mills struggled to increase yarn prices even as cotton costs surged. Speaking to Fibre2Fashion, a trader from the Ludhiana market noted, "Chinese fabric imports are dampening market sentiment. Lower-cost fabric from China is becoming increasingly popular among garment manufacturers, accounting for ** per cent of fabric usage in domestic units. Previously, Indian fabric had dominated these domestic garment units." 

The ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive); ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg respectively; and carded yarn of ** count was noted at ***-*** per kg, according to*f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank"> Fibre2Fashion’s market insight tool TexPro.