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Viscose prices rise as polyester yarn faces decline in Indian markets

Recycled polyester fibre showed an upward trend as manufacturers faced a short supply of PET bottles, leading to an increase of &#****;* per kg in domestic markets. According to market sources, the current festival season has not provided sustainable support, but viscose yarn did see slightly higher demand. The polyester value chain is under double pressure from slow demand and large stockpiles. Conversely, domestic recycled polyester fibre is moving in the opposite direction due to local supply shortages of raw materials.

The Ludhiana market saw contradictory trends in polyester yarn and fibre. Polyester spun yarn decreased by &#****;* per kg due to slow demand, but recycled polyester fibre gained &#****;* per kg due to a shortage of PET bottles. Polyester-cotton yarn traded steadily in the market. A trader from the Ludhiana market told Fibre2Fashion, "PC yarn remained steady as higher cotton prices offset the pressure from slow demand, while recycled polyester fibre has taken a different path from virgin polyester fibre. Recycled polyester fibre manufacturers are securing PET bottles at higher prices due to the supply shortage."