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Poly-spun yarn price eases in India's Surat market due to muted demand

15 Mar '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Polyester-cotton and poly-spun yarn were facing bearish trend in India. Poly-spun prices have seen a decline in Surat market. Weaving and garment industries were not confident for demand from end-users. North India's cotton prices were stable after a mild gain on Tuesday, with limited buying from spinners. Cotton arrival was **,*** bales in north India.

Gujarat’s Surat market noted downfall in prices amid sluggish demand. The prices slipped by &#****;*-* per kg and ** count poly-spun yarn was traded at &#****;***-*** per kg (GST extra) and ** counts poly spun yarn at &#****;***-*** per kg. A trader from Surat market told Fibre2Fashion, “Weaving and garment industries were not confident about demand from end-users. They were reluctant for bulk purchase of raw materials. The price of poly-spun yarn eased down in last couple of days.”

Polyester-cotton and polyester yarn was sold steady in Ludhiana market. However, demand was very low because of weak sentiments in the entire value chain. A trader from Ludhiana market told Fibre2Fashion, “Buyers were silent for yarn purchase as garment units were still operating on limited capacity.” ** count PC combed yarn (**/**) was sold steady at &#****;***-*** per kg (GST inclusive) in Ludhiana, according to Fibre2Fashion’s market insight tool TexPro. ** count PC carded yarn (**/**) was steady at &#****;***-*** per kg. ** count poly spun yarn was priced at &#****;***-*** per kg. The price of recycled polyester fibre (PET bottle fibre) was noted at &#****;**-** per kg.

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