Fashion
North India cotton yarn prices unchanged on tight supply
In Ludhiana, traders faced a supply shortage from spinning mills. Limited availability gave mills the leverage to maintain prices, with cotton yarn hovering at previous levels. A Ludhiana-based trader told Fibre*Fashion, “Spinning mills have already sold large quantities of cotton yarn. They have reduced supply in the domestic market to fulfil their export commitments. Limited supply helped mills to keep cotton yarn prices stable in the local market.” It may be noted that domestic demand remained slow due to payment issues, and buyers stayed away from fresh purchases.
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.