In the Ludhiana market, cotton yarn prices increased again by ****;* per kg amid strong export demand. Local prices rose as spinning mills diverted cotton yarn to export markets, where they are receiving more attractive prices. A trader from the Ludhiana market told Fibre*Fashion, “The mills are getting good demand from the export market. Importers from Bangladesh and China are buying cotton yarn from the Indian market. They have limited sourcing alternatives in the current market scenario.”
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.
