| 

North Indian cotton yarn trade weak, payment flow constrained

Ludhiana market witnessed sluggish demand from the consumer industry. Falling new cotton prices have discouraged buying. Payment constraints are also denting the buying capacity of the consumer industry. A trader from Ludhiana market told Fibre*Fashion, “Buyers are purchasing cotton yarn only for immediate needs. As cotton garment demand eases during the winter season, this is also leading to slow buying from fabric manufacturers. Additionally, fabric imports are depressing demand for cotton yarn.” However, cotton yarn prices remained stable in the market.

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.