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Polyester, PC yarn prices drop in India, viscose witnesses mixed trend

17 Jul '24
4 min read
Polyester, PC yarn prices drop in India, viscose witnesses mixed trend
Polyester, PC yarn prices drop in India, viscose witnesses mixed trend

Insights

  • India's man-made fibre yarn markets saw price drops due to weak demand and liquidity issues.
  • Polyester and polyester-cotton yarn prices fell in Ludhiana and Surat.
  • Viscose yarn prices also declined in Surat but stayed stable in Mumbai, where a slight demand uptick was noted.
  • Slow exports and a shortage of shipping containers exacerbated the situation.

The Ludhiana market noticed a bearish trend in PC and polyester yarn prices. Consequently, polyester and PC yarn prices declined by &#****;*-* per kg since last week. A trader from the Ludhiana market told Fibre2Fashion, “The market is facing weak demand and a liquidity crisis in the current bearish market. A shortage of shipping containers has also added problems for the textile value chain. Exporters are struggling with shipment containers. Higher container freight charges are also troubling the yarn trade.”

In Ludhiana, ** count PC combed yarn (**/**) traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST inclusive); ** count PC carded yarn (**/**) at &#****;***-*** (approximately $*.**-*.**) per kg; ** recycled polyester fibre yarn at &#****;***-*** (approximately $*.**-*.**) per kg; ** count polyester spun at &#****;***-*** (approximately $*.**-*.**) per kg (GST inclusive); and recycled polyester fibre (PET bottle fibre) at &#****;**-** (approximately $*.**-*.**) per kg.

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