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Polyester, PC, viscose yarn prices down in India, mills cut production

The Ludhiana market saw a downtrend in PC and polyester spun yarn. ** count poly spun yarn dropped &#****;*-* per kg, while PC yarn slipped &#****;*-* per kg. Recycled polyester fibre was also traded lower by &#****;* per kg. A trader from the Ludhiana market told Fibre2Fashion, "Buyers were absent from the market as the downstream industry was facing slower demand. Traders and stockists were facing losses due to poor demand. Mills are cutting production. Many mills are observing holidays for extra days. They are unable to manage their stock and cash flow." 

In Ludhiana, ** count poly spun yarn was eased down to &#****;***-*** per kg (GST inclusive); ** count PC combed yarn (**/**) was down to &#****;***-*** per kg (GST inclusive); ** count PC carded yarn (**/**) was stable at &#****;***-*** per kg; and recycled polyester fibre (PET bottle fibre) fell to &#****;**-** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.