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Sluggish demand for PC & polyester yarn in India amid payment issues

The Ludhiana market experienced a declining trend in PC and recycled polyester yarn. However, polyester spun yarn traded steadily. The market is facing a seasonal slowdown in demand and slow payment flow. A trader from the Ludhiana market told Fibre2Fashion, “PC and recycled polyester yarn eased by &#****;*-* per kg as payment constraints have reduced buying capacity. The annual closing in the last month of the current fiscal also contributed to the weak demand for man-made and blended yarn.”

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