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Indian PC yarn market remains bearish even as poly spun yarn inches up

Ludhiana&#**;s market demonstrated a bearish tone for PC yarn, with prices declining by &#****;*-* per kg. However, polyester spun yarn prices showed an upward trend due to increased demand. A local trader spoke to Fibre2Fashion, stating, "The market showed a mixed trend. Polyester spun yarn experienced improved sentiment due to higher demand." Traders expressed confusion regarding the implementation of the QCO, with industry organisations hoping for a delay in implementation. However, the government has yet to announce any deferment. 

The ** count PC combed yarn (**/**) remained stable at &#****;***-*** per kg (GST inclusive) in Ludhiana. Similarly, the ** count PC carded yarn (**/**) was stable at &#****;***-*** per kg. The ** count poly spun saw an increase, being traded higher at &#****;***-*** per kg (GST inclusive) in the North Indian market. The prices saw an increase of &#****;* per kg. Recycled polyester fibre (PET bottle fibre) also saw an increase, quoted at &#****;**-** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.