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India's MM yarn may see higher demand amid increased cash flow, PC up

06 Nov '24
4 min read
India's MM yarn may see higher demand amid increased cash flow, PC up
India's MM yarn may see higher demand amid increased cash flow, PC up

Insights

  • India's man-made yarn market expects higher demand post-Diwali, supported by improved payment flows and robust garment sales.
  • Polyester-cotton yarn prices rose in Ludhiana, though polyester yarn demand remains subdued.
  • Surat and Mumbai markets saw limited activity due to extended holidays.
  • Viscose and cotton yarn demand is set to increase with the wedding season.

The Ludhiana market experienced a mixed trend in polyester-cotton and polyester spun yarn. Polyester-cotton yarn prices increased by &#****;*-* per kg due to higher demand post-festival. However, polyester yarn faced slower demand, leading to a price drop of &#****;*-* per kg. A trader from Ludhiana told Fibre2Fashion, “PC yarn prices increased due to strong demand post-holidays, and improved payment flows have facilitated additional purchases. Polyester yarn prices may also see a rise in the coming weeks, with the seasonal shift expected to boost PC yarn demand in the next few days.”

In Ludhiana, ** count PC combed yarn (**/**) traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST inclusive); ** count PC carded yarn (**/**) at &#****;***-*** (approximately $*.**-*.**) per kg; ** recycled polyester fibre at &#****;***-*** (approximately $*.**-*.**) per kg; ** count polyester spun at &#****;***-*** (approximately $*.**-*.**) per kg (GST inclusive); and recycled polyester fibre (PET bottle fibre) at &#****;**-** (approximately $*.**-*.**) per kg.

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