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Mixed trend in Indian MMF yarn market; viscose yarn prices up in Surat

06 Sep '23
4 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • The Indian market for man-made fibre yarn is showing divergent trends across regions.
  • Surat is experiencing a rise in both viscose and polyester yarn prices due to festival demand and limited supply.
  • Mumbai's market remains stable, with no increase in viscose yarn prices, while Ludhiana is witnessing a drop in polyester-cotton and polyester yarn prices.

The Ludhiana market continues to experience a bearish tone in both PC yarn and poly spun yarn. Prices for both categories have dropped by &#****;*-* per kg in the last few days. Recycled polyester fibre is also trading at lower rates. No improvement in demand from the weaving industry has been observed. Speaking to Fibre2Fashion, a Ludhiana trader remarked, "The market is grappling with uncertainty regarding demand. Although festivals are fast approaching, it remains unclear whether demand will pick up. The market is stuck in a prolonged waiting period for an improvement in sentiment." 

Prices for PC yarn and poly spun yarn have dipped due to poor demand in Ludhiana. According to market insights from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s TexPro tool, **-count PC combed yarn (**/**) traded at &#****;***-*** per kg (GST inclusive). Meanwhile, **-count PC carded yarn (**/**) was sold at &#****;***-*** per kg. The **-count poly spun yarn was priced between &#****;***-*** per kg, including GST. Recycled polyester fibre, sourced from PET bottles, was quoted at &#****;**-** per kg in the north Indian market. 

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