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India's viscose & polyester yarn down on weak demand, high imports

Viscose yarn prices dropped by &#****;*–* per kg in the Surat and Mumbai markets, with both experiencing sluggish demand and increased availability. A trader from the Mumbai market told Fibre2Fashion, “Viscose yarn imports have risen in the last couple of weeks, as domestic viscose yarn is costlier by *–* per cent. Slow demand from the consumer industry has also pressured sellers to lower their prices.” Another trader from Surat added that imported viscose yarn of good quality is cheaper than domestic produce, making it more attractive in the local market.

In Mumbai, imported ** count viscose vortex yarn was priced at &#****;***-*** (approximately $*.**-*.**) per kg; and local ** count ring-spun viscose yarn at &#****;***-*** (approximately $*.**-*.**) per kg.