| 

Indian polyester, viscose yarn facing liquidity crunch, prices stable

A trader from the Ludhiana market told Fibre2Fashion, “The local market has been facing a payment crisis for quite a long time. But the liquidity position further tightened as the fiscal is ending soon. Buyers were cautious about placing new purchase orders so that they can manage their payment liability.Polyester-cotton yarn steadied after a fall in the last week. Polyester spun yarn was also stable. In Ludhiana, the ** count PC combed yarn (**/**) was traded at &#****;***-*** per kg (GST inclusive), ** count PC carded yarn (**/**) was sold at &#****;***-*** per kg, **-count polyester spun was priced at &#****;***-*** per kg (GST inclusive) and recycled polyester fibre (PET bottle fibre) was quoted at &#****;**-** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro.

The Surat market noted a steady trend in polyester spun yarn. Viscose yarn was also traded at its previous levels. Trade sources said that the payment law also cautioned buyers as they might need to make payment within this fiscal. Price of ** viscose compact yarn (local) was &#****;***-*** per kg (GST Extra). However, the ** count polyester spun yarn was traded steady at &#****;***-*** per kg (GST extra) and ** count poly spun yarn at &#****;***-*** per kg.