Demand weak for India's polyester & viscose yarn; prices ease

Some PC and polyester yarn varieties eased in the Ludhiana market, with prices down by ₹1–2 per kg due to weak downstream demand. A trader from Ludhiana told Fibre2Fashion, “Festival demand weakened after strong support last week. The declining trend in global crude oil prices also dampened market sentiment. Tariff uncertainty and unrest in several regions are causing a lack of confidence among buyers.”

In Ludhiana, 30 count PC combed yarn (48/52) traded at ₹202-209 (~$2.36-2.44) per kg (GST inclusive); 30 count PC carded yarn (65/35) at ₹190-200 (~$2.21-2.33) per kg; 20 recycled polyester yarn at ₹122-127 (~$1.42-1.48) per kg; 30 count virgin polyester spun at ₹160-169 (~$1.87-1.97) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at ₹79-82 (~$0.92-0.96) per kg and virgin polyester fibre at ₹103.50 (~$1.21) per kg.

In Surat, the market remained steady. However, polyester spun and specialised yarn prices slipped after easing last week. Demand for polyester yarn remained below average, as most buyers had already stocked sufficient raw materials ahead of the festive season. According to trade sources, the market is currently more dependent on domestic demand. The textile value chain showed signs of unease, largely due to concerns over US tariffs and global volatility.

In Surat market, 30 count polyester spun yarn was traded at ₹147-149 (~$1.72-1.74) per kg (GST extra); 40 count poly spun yarn at ₹164-166 (~$1.91-1.94) per kg; 50/48 fully drawn yarn (FDY) at ₹122-123 (~$1.42-1.44) per kg; 75/72 FDY at ₹113-114 (~$1.32-1.33) per kg; 75 bright yarn at ₹112-113 (~$1.31-1.32) per kg.

Viscose yarn demand was slow in Surat and Mumbai markets, as higher imports overshadowed already weak buying. A few viscose yarn varieties declined by ₹2 per kg in both markets. Trade sources from Mumbai said viscose yarn imports were supported by a weaker dollar and falling shipping freight charges. On the demand side, a trade source from Surat said the consumer industry had already procured viscose yarn in line with their production plans and were not keen on building excess raw material inventory.

In Mumbai, imported 30 count viscose vortex yarn was priced at ₹207-213 (~$2.42-2.49) per kg; and local 30 count ring-spun viscose yarn at ₹207-214 (~$2.39-2.40) per kg in this market. In Surat, 30 viscose compact yarn (local) was sold at ₹218-219 (~$2.54-2.56) per kg (GST extra) and 30 viscose vortex yarn at ₹205-206 (~$2.39-2.40) per kg.

In north India, cotton prices remained steady today after gains recorded during the first two days of the week. Cotton prices have risen by ₹30–50 per maund of 37.2 kg this week. Traders said the Cotton Corporation of India (CCI) is the sole significant stockholder in the country. Private ginners and stockists have negligible stocks and are selling cotton at their own rates and conditions. Smaller consumer industries are unable to purchase cotton from CCI under auction sales and are more reliant on open market supplies. With new arrivals reduced to negligible levels, stocked cotton is now dominating trading activity.

Cotton arrivals in north India were minimal today, with the total estimated to be just over 100 bales across the region. In Punjab, cotton prices ranged from ₹5,890-5,900 (~$68.74–68.86) per maund of 37.2 kg; in Haryana, ₹5,640–5,720 (~$65.83–66.76); in upper Rajasthan, ₹5,900–5,950 (~$68.86–69.44). In lower Rajasthan, prices stood at ₹54,700–₹56,200 (~$638.57–656.15) per candy of 356 kg.

Disclaimer: The prices in this article are based on market sources and hence, readers are recommended to do their own research before making any decision. The publisher and their affiliates are not liable for any inaccuracies or actions taken based on this information.

ALCHEMPro News Desk (KUL)