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Mixed trend in viscose yarn; polyester & PC yarn steady in India

Indian fibre manufacturers have increased prices by &#****;*-* per kg despite slow demand in the downstream industry. This increase is considered to be a response to competition from imported supplies due to restrictions after the implementation of quality control orders (QCOs).

The Surat market noticed a steady trend in polyester yarn as it did not receive support from the downstream industry. However, viscose compact yarn came down &#****;* per kg amid slow demand. A trader from the Surat market told Fibre2Fashion, “There was no signal about the revival of yarn demand from spinning mills and the export market. The end of the wedding season also dampened market sentiments for viscose yarn. However, fibre manufacturers have increased viscose and polyester staple fibre prices by &#****;* per kg.” They were actually trying to benefit from restrictions after the implementation of QCOs.