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PC yarn gains on strong demand, mixed trends in India's MMF yarn

11 Sep '24
4 min read
PC yarn gains on strong demand, mixed trends in India's MMF yarn
PC yarn gains on strong demand, mixed trends in India's MMF yarn

Insights

  • India's man-made fibre yarn market saw increased demand, particularly for polyester-cotton (PC) yarn, due to the festive and winter seasons.
  • PC yarn prices rose, driven by strong demand and higher cotton costs, while polyester and viscose yarn prices remained stable across Surat, Mumbai and Ludhiana.
  • Falling crude oil prices impacted polyester yarn.

Demand for PC and polyester yarn rose in Ludhiana, with PC yarn prices increasing by &#****;* per kg over the past week, driven by strong demand and higher cotton costs, prompting mills to raise prices. Stockists and traders are also quoting higher PC yarn prices. However, polyester spun yarn prices stayed largely stable. A Ludhiana trader told Fibre2Fashion, “PC yarn consumption increases during the winter season, and festival buying has boosted demand for PC yarn garments. Mills have raised prices due to higher cotton costs, but weak crude oil prices have limited any upward movement for polyester yarn."

In Ludhiana, ** count PC combed yarn (**/**) traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST inclusive); ** count PC carded yarn (**/**) at &#****;***-*** (approximately $*.**-*.**) per kg; ** recycled polyester fibre yarn at &#****;***-*** (approximately $*.**-*.**) per kg; ** count polyester spun at &#****;***-*** (approximately $*.**-*.**) per kg (GST inclusive); and recycled polyester fibre (PET bottle fibre) at &#****;**-** (approximately $*.**-*.**) per kg.

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