| 

North Indian cotton yarn's demand weak, export outlook improves

In Ludhiana, cotton yarn prices dropped by &#****;* per kg as mills and stockists reduced selling rates, though domestic demand showed no improvement. Export demand, however, is expected to strengthen soon. A Ludhiana trader told Fibre*Fashion, “Cotton prices are coming down, which is good for spinning mills. Cheaper raw material has helped cut production costs. Lower production has improved prospects for export orders.”

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.