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Indian polyester & PC yarn prices slump amid weak demand

The Ludhiana market has experienced a decline in PC and polyester spun yarn prices. Yarn prices in this segment fell by &#****;*-* per kilogram, attributable to lower raw material costs and a sluggish demand, leading to a drop in yarn prices. A trader from the Ludhiana market told Fibre2Fashion, “The weaving industry has slowed production as they do not foresee significant demand from the garment sector. The anticipation of further price reductions in PSF has also dampened buyer enthusiasm. However, Reliance may not cut PSF prices further for the next fortnight.” 

Specifically, the price of **-count poly spun yarn has decreased to &#****;***-*** per kilogram (including GST) in the Ludhiana market. The **-count PC combed yarn (**/**) has also seen a price reduction, now trading at &#****;***-*** per kilogram (including GST) in Ludhiana. Meanwhile, the price of **-count PC carded yarn (**/**) has remained stable at &#****;***-*** per kilogram. The **-count PC (recycled fibre) yarn traded at &#****;***-*** per kilogram. The recycled polyester fibre (made from PET bottles) was priced at &#****;**-** per kilogram, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.