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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