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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