India's polyester yarn gains on crude oil; PC slips in Ludhiana

30 Jul '25

4 min read

India's polyester yarn gains on crude oil; PC slips in Ludhiana

Pic: Shutterstock

Insights

India's manmade yarn market showed a mixed trend, with polyester yarn prices rising in Surat due to costlier crude oil and a stronger dollar, while polyester-cotton yarn fell in Ludhiana amid payment issues.
Viscose yarn remained steady, supported by festive demand.
North India's cotton prices saw a modest increase.
Traders expect stable to firm trends ahead as festive and export demand pick up.

India’s manmade yarn market showed a mixed trend as different segments followed distinct dynamics. Polyester-cotton (PC) combed yarn eased by ₹2 per kg in Ludhiana as demand was discouraged due to payment issues. However, polyester yarn rose in the Surat market, supported by higher crude oil prices and a stronger dollar. Viscose yarn remained steady despite better lifting, and traders are confident that it will continue to see sustainable demand in the coming months. Crude oil and dollar movements may also boost the viscose yarn trade.

The Ludhiana market witnessed a dip in PC yarn as buyers remained inactive in fresh deals. PC combed yarn prices fell by ₹2 per kg due to payment constraints that reduced buyers’ purchasing capacity. However, PC carded yarn remained stable. Polyester yarn was also traded at steady levels. A trader from the Ludhiana market told Fibre2Fashion, “PC combed yarn had risen last week due to stronger cotton prices, but the ongoing payment crisis has dampened market sentiment. Liquidity is shifting towards China as fabric imports increase.”

In Ludhiana, 30 count PC combed yarn (48/52) traded at ₹202-210 (~$2.31-2.40) per kg (GST inclusive); 30 count PC carded yarn (65/35) at ₹192-202 (~$2.20-2.31) per kg; 20 recycled polyester yarn at ₹120-127 (~$1.37-1.45) per kg; 30 count virgin polyester spun at ₹158-166 (~$1.81-1.90) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at ₹76-79 (~$0.87-0.90) per kg and virgin polyester fibre at ₹101 (~$1.16) per kg.

In contrast, the Surat market witnessed a price increase of ₹1–2 per kg across various polyester yarn types, including specialised yarns. Trade sources noted that rising global crude oil prices and a stronger dollar against the Indian rupee are likely to push polyester fibre and yarn prices upward. Higher crude oil makes polyester fibre costlier, while a stronger dollar increases the cost of imports. Polyester yarn demand also remained strong ahead of the festive season.

In Surat market, 30 count polyester spun yarn was traded at ₹147-149 (~$1.68-1.70) per kg (GST extra); 40 count poly spun yarn at ₹164-165 (~$1.88-1.89) per kg; 50/48 fully drawn yarn (FDY) at ₹122-123 (~$1.40-1.41) per kg; 75/72 FDY at ₹112-113 (~$1.28-1.29) per kg; and 75 bright yarn at ₹111-112 (~$1.27-1.28) per kg.

Viscose yarn prices remained largely unchanged. After a recent fall, the Mumbai and Surat markets showed stability. Trade sources expect the festive season to support viscose yarn demand. Additionally, crude oil and exchange rate trends are expected to favour viscose yarn. Traders and mills are unlikely to face selling pressure at this stage.

In Mumbai, imported 30 count viscose vortex yarn was priced at ₹203-208 (~$2.32-2.38) per kg; and local 30 count ring-spun viscose yarn at ₹204-211 (~$2.33-2.41) per kg in this market.

In Surat, 30 viscose compact yarn (local) was sold at ₹215-216 (~$2.46-2.47) per kg (GST extra) and 30 viscose vortex yarn at ₹203-204 (~$2.32-2.33) per kg.

In north India, cotton prices rose by ₹10–20 per maund (37.2 kg) over the past week, though they remained stable on Wednesday. Traders noted that private ginners and stockists held limited stock, resulting in very thin availability of cotton yarn in the open market. The new cotton crop is progressing well as north India’s cotton-growing states have received ideal rainfall. The crop is unlikely to need rain after mid-August. If the weather stays dry from mid-August to mid-September, the region could witness a strong harvest.

North India’s cotton arrivals reduced to negligible. Stocked cotton dominated in current trade in north India. Cotton prices in Punjab ranged from ₹5,980-5,990 (~$68.41–68.52) per maund of 37.2 kg; in Haryana, ₹5,730–5,850 (~$65.55–66.92); in upper Rajasthan, ₹6,000–6,020 (~$68.64–68.87). In lower Rajasthan, prices stood at ₹55,300–57,300 (~$632.62–655.50) per candy of 356 kg.