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Mixed trend in India's MM yarn, viscose tight but PC eases down

20 Nov '24
5 min read
Mixed trend in India's MM yarn, viscose tight but PC eases down
Mixed trend in India's MM yarn, viscose tight but PC eases down

Insights

  • India's MM yarn market showed mixed trends.
  • Viscose yarn prices rose in Mumbai due to strong demand, high freight costs, and wedding season.
  • Polyester-cotton yarn eased in Ludhiana, but recycled polyester yarn gained as PET bottle prices surged.
  • Surat's polyester yarn remained stable with steady demand.
  • Cotton prices improved as CCI began procurement at MSP in north India.

Ludhiana market noticed fall of &#****;* per kg in polyester-cotton, but polyester spun yarn remained stable. Costlier recycled polyester fibre supported its yarn by &#****;* per kg. A trader from Ludhiana market told Fibre2Fashion, “PC yarn prices eased after settling summer demand after rising post-Diwali. Cheaper cotton also led to ease in the blended yarn market. But rise in recycled polyester fibre boosted price rise in ** recycled polyester yarn. PET bottle prices rose by more than ** per cent in the last couple of weeks.” Recycled polyester fibre gained by &#****;*-* per kg in the last fortnight.

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

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