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Poly spun yarn prices ease in India due to weak demand

15 Feb '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • India's polyester yarn prices eased today due to weak demand from the downstream industry after finding support last week due to improved buying after a rise in raw materials. The prices of polyester spun yarn reduced by ₹*-* per kg in the Ludhiana and Surat markets. However, traders expect that polyester yarn will get support if cotton remains positive.

Polyester yarn gained &#****;*-* per kg in major trading centres including Ludhiana and Surat. Mills decreased their selling prices after demand slowed down. “Demand could not sustain therefore polyester yarn lost its previous gains. But PC yarn remained positive. Polyester yarn may increase again because it can get support from the increasing prices of cotton,” Ashok Singhal, a veteran trader from Ludhiana market told Fibre2Fashion

In Ludhiana, ** count PC combed yarn (**/**) was sold at &#****;***-*** per kg (GST inclusive), ** count PC carded yarn (**/**) was priced at &#****;***-*** per kg and ** count poly spun yarn was sold at &#****;***-*** per kg. Recycled polyester fibre (PET bottle fibre) was at &#****;**-** per kg, according to Fibre2Fashion’s market insight tool TexPro. 

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