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India's BCI yarn prices fall 35% since May 2022 due to weak demand

04 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • India's BCI yarn prices have plummeted over **%** since May 2022, with a **%** drop in ** combed BCI yarn alone.
  • Fibre2Fashion's TexPro indicated a steady decline to ₹*** per kg by October 2023.
  • Despite a recent uptick, a global demand slump in the textile sector, compounded by economic downturns, has dampened the market for sustainable yarn.

The ** combed BCI yarn has decreased by **.* per cent since the first week of June ****, falling from &#****;*** per kg to &#****;*** per kg by the end of October ****. In the last month alone, its prices have eased by around *.* per cent, as the product was priced at &#****;***.* per kg in the last week of September ****, according to data obtained from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro. 

Similarly, ** combed BCI yarn, which was traded at &#****;*** per kg in the first week of June ****, decreased to &#****;*** per kg in the last week of October ****. This represents a fall of **.* per cent since June ****. However, its prices have remained steady over the last two months. 

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