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Indian markets witness decline in viscose yarn due to cheaper imports

25 Sep '24
4 min read
Indian markets witness decline in viscose yarn due to cheaper imports
Indian markets witness decline in viscose yarn due to cheaper imports

Insights

  • Indian markets saw mixed trends in man-made yarn prices due to low demand and cheaper imports.
  • Polyester yarn remained stable in Ludhiana and Surat, while polyester spun yarn fell in Ludhiana.
  • Viscose yarn prices declined in Mumbai and Surat.
  • Cotton prices eased as new arrivals increased in north India.
  • The festival season provided some hope for improved demand in polyester and spinning markets.

In Ludhiana, the polyester spun yarn market saw a downward trend after a price cut of &#****;* per kg in polyester staple fibre (PSF). However, polyester-cotton (PC) yarn and recycled polyester yarn remained stable. A trader from Ludhiana told Fibre2Fashion, “Mills have sufficient orders from the domestic market. There is no pressure from slow export demand due to the ongoing festival season in the country. However, polyester spun yarn prices fell after a reduction in the mill rate for polyester staple fibre by leading manufacturers.” Despite the reduction in virgin fibre prices, recycled polyester fibre did not face any pressure.

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

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