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Viscose yarn demand declines in India, export prospects dim

*.*pt"> Viscose yarn prices have declined by up to &#****;* per kg due to poor demand, putting pressure on spinning mills to offer lower prices. Trade experts noted that India&#**;s viscose yarn faces double pressure from slow export demand and limited domestic consumption. India&#**;s prices are &#****;*-* per kg higher than China&#**;s, making exports unattractive. Traders reported that domestic spinning mills rely more on domestic consumption. In Mumbai, viscose yarn prices fell by &#****;*-* per kg, and Surat also saw a drop in prices. Polyester-cotton yarn and polyester spun yarn remained stable amid poor demand. Post-Diwali, the weaving industry was partially operational, but increased manufacturing activities are expected soon, potentially boosting demand for PC and polyester spun yarn, said the traders. 

*.*pt"> The Ludhiana market continued to experience subdued demand and stable prices for PC yarn. Poly spun yarn also remained steady despite weak demand. A trader from the Ludhiana market told Fibre2Fashion, “The demand for PC and polyester spun yarn did not improve even after ** days post-Diwali. Manufacturing activities in the weaving and garment industries remained slow. Primarily, small-scale industries were unable to resume production after Diwali due to a lack of workers.” The reduced demand in downstream industries also discouraged higher production levels in the textile industry, according to the trade source.