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Cotton yarn prices dip in north India on weak demand

In Ludhiana, cotton yarn prices declined due to sluggish demand. Although the cotton arrival season is nearing its end, weak demand has failed to support a positive tone. A trader from the Ludhiana market told Fibre2Fashion, “India’s cotton prices are much higher than global levels, reducing the competitiveness of our cotton product exports. Cotton is also losing ground to polyester, as higher raw material costs are discouraging the production of cotton yarn, fabric, and garments.”

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.