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India's poly spun yarn prices down amid weak buying

18 Jan '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Polyester yarn prices in India eased down amid subdued demand today, while polyester-cotton yarn remained steady because of weaker sentiments. According to the traders, the market witnessed optimism last week, but it turned bearish due to limited buying from the industry. Prices of cotton increased in north India as mills turned up to buy.

Polyester yarn prices did not find support as the market scenario was gloomy due to the absence of regular buying. “Garment exports have not picked up yet. Not only India, but other major exporting countries were also struggling for export demand,” a trader from Ludhiana market told Fibre2Fashion

In Ludhiana, Poly spun yarn prices came down by &#****;*-* per kg. ** count PC combed yarn (**/**) was sold at &#****;***-*** per kg (GST inclusive), ** count PC carded yarn (**/**) was priced at &#****;***-*** per kg, ** count poly spun yarn was sold at &#****;***-*** per kg and recycled polyester fibre (PET bottle fibre) was noted at &#****;**-** per kg, according to Fibre2Fashion’s market insight tool TexPro. 

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