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Indian polyester & viscose yarn prices steady amid slow demand

21 Feb '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Indian polyester and viscose yarn prices hold steady amid slow demand, attributed to reluctance in new orders due to the new payment rule.
  • Surat market notes weak sentiments, while Mumbai sees stable but weak viscose yarn prices.
  • Ludhiana observes an increase in PC yarn prices, while north Indian cotton prices stabilise due to import duty changes.

Surat noted weak sentiments amid stability in polyester spun yarn. Viscose yarn was also traded at previous levels. A trader from this market told Fibre2Fashion, “Buyers were silent as they were not clear about the implications of the new payment rule. They were avoiding placing any orders as they will not be able to make payments till March ** this year.”

Polyester and viscose yarn prices remain stable amid slow demand. In Surat, **-count polyester spun yarn was traded at &#****;***-*** per kg (GST extra), **-count poly spun yarn at &#****;***-*** per kg, and **-count viscose compact yarn (local) at &#****;***-*** per kg (GST extra), according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro.

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