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Mixed trend in Indian man-made & blended yarn; PC yarn prices decline

However, supply shortages and a rise in PET bottle prices pushed up prices of specialised polyester yarn and recycled polyester staple fibre (PSF) yarn. Domestic manufacturers reduced prices of virgin PSF by &#****;* per kg following a recent drop in crude oil prices, a key raw material for man-made textile fibres.

Polyester-cotton yarn prices eased by &#****;* per kg in the past week. However, ** count recycled PSF yarn gained &#****;* per kg, as demand is expected to increase in the coming weeks due to a shortage of PET bottles, the key raw material for this product. A trader from the Ludhiana market told Fibre2Fashion, “The market saw poor demand for PC yarn in the local market. Stockists and mills had to reduce their selling prices of PC yarn. However, recycled PSF yarn prices gained by &#****;* per kg due to the raw material shortage, which may further increase its prices.”