The average price of virgin polyester fibre in India stood at $*.** per kg in October ****, which was ** per cent higher than China’s FOB price of $*.** per kg during the same period, according to sourcing intelligence tool TexPro.
Polyester fibre prices fell by ** per cent in China over the last ** months, whereas prices in India eased by only ** per cent. The disparity stood at ** per cent in January–March ****.
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