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Indian PC, poly spun yarn steady; cyclone Biparjoy dampens sentiments

The Ludhiana market experienced a steady trend in buying, with stable prices for PC and polyester spun yarn. Although spinners initially raised yarn prices, they were unable to sustain them due to poor demand. Consequently, they were compelled to reduce prices or offer higher discounts. A trader from the Ludhiana market told Fibre2Fashion, "Slower demand did not allow mills to raise prices. The sentiments were bearish because buyers were reluctant to engage in fresh buying. Traders were clueless about the revival of the market." 

In Ludhiana, the ** count PC combed yarn (**/**) steadied at &#****;***-*** per kg (GST inclusive), according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. The ** count PC carded yarn (**/**) remained stable at &#****;***-*** per kg; ** count poly spun yarn increased to &#****;***-*** per kg (GST inclusive) and recycled polyester fibre (PET bottle fibre) was noted at &#****;**-** per kg.