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FDY, POY gain despite sluggish demand; PC, poly spun down in Ludhiana

22 May '24
4 min read
FDY, POY gain despite sluggish demand; PC, poly spun down in Ludhiana
FDY, POY gain despite sluggish demand; PC, poly spun down in Ludhiana

Insights

  • India's polyester yarn prices showed mixed trend, with FDY and POY yarns rising by ₹* per kg in Surat despite sluggish demand, attributed to manufacturers increasing prices and dominating due to QCOs.
  • Meanwhile, polyester spun and polyester-cotton yarn prices fell in Ludhiana due to low demand.
  • In Mumbai, viscose yarn prices remained stable.

Surat market has noticed a rise of &#****;* per kg in FDY and POY yarn in the last couple of days, but polyester spun yarn remained steady amid slow demand. A trader from the Surat market told Fibre2Fashion, “There was no support from demand side. But manufacturers have increased FDY and POY prices which caused rise in market prices of the intermediary product. They are dominating market as QCOs have restricted imports from foreign suppliers.”

According to trade sources, in Surat, ** count polyester spun yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra), ** count poly spun yarn at &#****;***-*** (approximately $*.**-*.**) per kg, **/** fully drawn yarn (FDY) &#****;***-*** (approximately $*.**-*.**) per kg, **/** FDY &#****;***-*** (approximately $*.**-*.**) per kg, ** bright yarn &#****;***-*** (approximately $*.**-*.**) per kg, and ** viscose compact yarn (local) at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra).

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