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India's poly spun yarn & fibre may see supply disruption in April

The Surat market in Gujarat has noted stable prices of poly spun yarn, with ** count poly spun yarn traded at &#****;***-*** per kg (GST extra) and ** count poly spun yarn at &#****;***-*** per kg. A trader from Surat market told Fibre2Fashion, “There was discomfort in the market because of the implementation of QCO. It can disrupt supply and price dynamics. Every producer of polyester fibre and yarn will have to comply with the QCO, otherwise they may not be able to produce and supply the products.” 

In Ludhiana market, polyester-cotton and polyester yarn prices remained at the previous level, and demand from downstream industries has been negligible due to the March closing. “The new financial year of ****-** will bring new QCO rulings, affecting the domestic production and import of polyester fibre and yarn. There is a higher possibility of import disruption as plant inspection may be delayed for certification. The authorities will provide certification only after tedious screening of the production process,” a Ludhiana-based trader told F*F.