Traders in Ludhiana have observed an upward trend in PC and poly spun yarn prices. A trader from Ludhiana market told Fibre2Fashion, “Cotton prices were increasing day by day which has supported the steep rise in yarn prices. Recent rise in polyester fibre and its raw materials also supported market sentiments. Overall demand of yarn was also supportive.” However, some traders felt that the current gains were not bolstered by increased demand from downstream industries such as fabric and garment manufacturing.
Following a significant rise in cotton prices and stronger polyester, PC yarn has gained ****;** per kg. Poly spun yarn has also seen higher sales, with a rise of ****;*-* per kg. In the northern Indian market, the prices (inclusive of GST) for various yarns and fibres are as follows: ** count PC combed yarn (**/**) traded at ****;***-*** per kg, ** count PC carded yarn (**/**) was sold at ****;***-*** per kg, and ** count poly spun yarn was priced at ****;***-*** per kg. Meanwhile, recycled polyester fibre (PET bottle fibre) was steady at ****;**-** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro.
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