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Poly-spun yarn prices down in India's Surat; PC & viscose yarn stable

*.*pt"> Man-made yarns, including polyester spun and viscose yarns, have experienced a bearish trend in India due to slow demand from the downstream industry. Although polyester-cotton yarn and poly spun yarn traded steadily in the Ludhiana market, poly spun yarn declined in Surat due to selling pressure on traders and manufacturers, with polyester spun yarn prices decreasing by &#****;*-* per kg. A significant import of polyester fabric also negatively impacted the entire value chain. 

*.*pt"> The Ludhiana market experienced slower demand from the weaving industry. Although PC yarn and polyester spun yarn were sold steadily, the sentiments remained very weak. Sluggish demand in the fabric and garment industry was a cause for concern in the yarn market. A trader from the Ludhiana market informed Fibre2Fashion, "There was a huge stock of finished goods throughout the entire value chain. Mills were forced to not only reduce their prices but also their production."