In Ludhiana, PC yarn prices recovered after last week’s losses. The rise in cotton prices supported blended yarn, and consistent demand from the consumer industry contributed to the recovery. Polyester yarn prices, on the other hand, fell by ₹2 per kg, driven by a price cut in virgin polyester staple fibre (PSF). Major Indian PSF manufacturers have reduced prices by ₹2.50 per kg for the second fortnight of this month. A trader from the Ludhiana market told Fibre2Fashion, “Demand for PC and polyester yarn was comparatively better, as fabric production is picking up ahead of the festival season. Traders are primarily focused on domestic demand prospects.”
In Ludhiana, 30 count PC combed yarn (48/52) traded at ₹202-209 (~$2.36-2.44) per kg (GST inclusive); 30 count PC carded yarn (65/35) at ₹190-200 (~$2.22-2.33) per kg; 20 recycled polyester yarn at ₹120-127 (~$1.40-1.48) per kg; 30 count virgin polyester spun at ₹160-167 (~$1.87-1.95) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at ₹78-80 (~$0.91-0.93) per kg and virgin polyester fibre at ₹101 (~$1.18) per kg.
In Surat, polyester yarn prices also declined by ₹2 per kg across most varieties following the PSF price cut. The market is expected to see improved demand due to the lower prices. Trade sources noted that virgin PSF prices were initially raised by Indian manufacturers as crude oil prices surged amid geopolitical tensions. The recent decline in crude oil has now led to a reduction in both PSF and yarn prices.
In Surat market, 30 count polyester spun yarn was traded at ₹145-147 (~$1.69-1.71) per kg (GST extra); 40 count poly spun yarn at ₹162-164 (~$1.89-1.91) per kg; 50/48 fully drawn yarn (FDY) at ₹120-121 (~$1.40-1.41) per kg; 75/72 FDY at ₹111-112 (~$1.29-1.31) per kg; 75 bright yarn at ₹110-111 (~$1.28-1.29) per kg.
Viscose yarn prices dropped by ₹2–3 per kg in the Surat and Mumbai markets due to higher supply and subdued consumption. Trade sources in Mumbai reported improved availability of imported viscose yarn in recent days. A stronger Indian rupee against the US dollar and declining container freight rates have reduced import costs. A trade source from Surat added that demand for 60-count viscose yarn improved, as fabric manufacturers find it more profitable compared to 30-count yarn. This shift in preference was the primary reason behind the price decline for 30-count viscose yarn.
In Mumbai, imported 30 count viscose vortex yarn was priced at ₹205-211 (~$2.39-2.46) per kg; and local 30 count ring-spun viscose yarn at ₹205-212 (~$2.39-2.47) per kg in this market. In Surat, 30 viscose compact yarn (local) was sold at ₹215-216 (~$2.51-2.52) per kg (GST extra) and 30 viscose vortex yarn at ₹205-206 (~$2.39-2.40) per kg.
In north India, cotton prices rose further by ₹10–20 per maund (37.2 kg). Prices have jumped by around ₹50–60 per maund over the last five trading sessions. Traders said private traders and ginners hold negligible stock, which is supporting prices. Private sellers are aligning their prices with the Cotton Corporation of India’s (CCI) auction rates. Market sources indicated that cotton stocks have been largely exhausted across north Indian states, even with the CCI. As a result, textile mills in north India will have to bear additional freight costs to procure raw material from other regions, further supporting prices.
Cotton arrivals in north India have dwindled to negligible levels, with trade now dominated by stocked cotton. Cotton prices in Punjab ranged from ₹5,960 to ₹5,970 (~$69.50–69.62) per maund of 37.2 kg; in Haryana, ₹5,690–5,770 (~$66.35–67.29); and in upper Rajasthan, ₹5,980–6,000 (~$69.73–69.97). In lower Rajasthan, prices stood at ₹55,000–57,000 (~$641.37–664.69) per candy of 356 kg.
ALCHEMPro News Desk (KUL)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
