Cotton yarn price declines on dull demand

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Mumbai. Cotton yarn prices declined on lower demand from overseas as well as domestic market. Sharp loss in ICE cotton futures also weighed on the yarn market. Export offer of 30 count combed cotton yarn were placed at 3.65 dollar per kg CNF. Domestic offer price of 30 count combed cotton yarn placed at Rs 185-188 per kg, 30 count carded cotton yarn at Rs 170-172 per kg and 30 count single PC yarn at 175-178 per kg.

Source: http://www.moneycontrol.com/commodity/comm_news.php?autono=175160&type=MKT

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