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India's PC yarn prices decline amid poor demand, poly spun steady

28 Jun '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • India's polyester-cotton (PC) yarn prices dropped by ₹*-* per kg in the Ludhiana market due to reduced demand and market uncertainty.
  • However, the polyester spun yarn prices remained steady, with Ludhiana traders seeing no overall market improvement.
  • The Surat market also maintained stable poly spun yarn prices with potential demand revival in mid-**.

The Ludhiana market displayed a bearish tone as buyers stayed away, leading to reduced PC yarn prices. Conversely, the prices of polyester spun yarn maintained a steady trend, due to its relatively higher demand. A trader from the Ludhiana market spoke to Fibre2Fashion, saying, "The overall market conditions have not improved. Typically, the demand for coarse count yarn increases at this time of the year, but there&#**;s currently no sign of improvement. The PC yarn is under increased pressure due to poor demand." The price of ** count PC combed yarn (**/**) remained steady at &#****;***-*** per kg (including GST) in Ludhiana. Additionally, ** count PC carded yarn (**/**) held steady at &#****;***-*** per kg, and ** count poly spun yarn was noted at &#****;***-*** per kg (including GST) in the north Indian market. Recycled polyester fibre (PET bottle fibre) was priced at &#****;**-** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

Similarly, the Surat market also maintained steady prices for poly spun yarn. Trade sources indicated that market conditions remained unchanged, but there is hope for a revival in demand by mid-July. Traders, however, must rely solely on probabilities. The ** count poly spun yarn was traded at &#****;***-*** per kg (excluding GST), and the ** count poly spun yarn was traded at &#****;***-*** per kg. The ** count viscose compact yarn (local) was priced at &#****;***-*** per kg (excluding GST) in Surat. ** count viscose vertex yarn was priced at &#****;***-*** per kg (excluding GST) in Mumbai market.

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