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PC yarn prices down amid poor demand in India; poly spun yarn rises

Reliance Industries Limited (RIL) increased the prices of polyester fibre raw materials, which in turn supported the price of recycled polyester fibre. This indicates the international market&#**;s support for the upstream value chain of polyester. RIL takes international market trends into account when setting the prices of its raw materials. 

The Ludhiana market has displayed a mixed trend in this segment. While PC yarn prices dropped by &#****;*-* per kg, prices for polyester spun yarn showed an upward trend over the last week. For instance, the price of ** count polyester spun yarn increased by &#****;*-* per kg. A trader from Ludhiana market told Fibre2Fashion, “The demand for PC yarn didn&#**;t improve, leading mills to struggle with clearing their stock. This has resulted in lower prices in the Ludhiana market.”