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Falling rupee supports north India cotton yarn, prices up in Ludhiana

Rising cotton prices also pushed up cotton comber prices in the Panipat market, although demand remained sluggish in the home textiles segment. Recycled yarn prices stayed stable amid average demand.

Cotton yarn prices increased further by &#****;* per kg in Ludhiana, though demand from the consumer industry was only normal. A trader from Ludhiana told Fibre*Fashion, “Mills are trying to increase cotton yarn prices. As a result, traders and stockists quoted higher rates. However, buyers showed limited interest in fresh deals due to uncertainty over fabric demand.”