| 

Yarn prices steady despite cheaper cotton in north India

The Ludhiana market noticed stability in cotton yarn prices after a slight ease earlier this week. Spinning mills did not reduce prices despite cheaper cotton. Cotton prices have eased by *–* per cent in the last two weeks. A trader from the Ludhiana market told Fibre*Fashion, “Spinning mills preferred to keep cotton yarn prices unchanged. They expect export demand support in the coming weeks. Cheaper cotton will improve their competitiveness in global markets.”

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.