India's viscose & PC yarn down, polyester yarn steady amid slow demand

PC yarn prices declined by ₹2 per kg in Ludhiana, despite higher cotton prices over the past fortnight. The fall in PSF prices allowed spinning mills to reduce PC yarn prices. However, there was no significant change in polyester yarn prices. Trade sources said subdued demand and tight payment conditions remain challenges for the market. Buyer interest is declining as no sudden demand recovery is expected.

In Ludhiana, 30 count PC combed yarn (48/52) traded at ₹202-212 (approximately $2.38-2.50) per kg (GST inclusive); 30 count PC carded yarn (65/35) at ₹190-200 (approximately $2.24-2.36) per kg; 20 recycled polyester yarn at ₹114-120 (approximately $1.34-1.41) per kg; 30 count polyester spun at ₹150-162 (approximately $1.77-1.91) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at ₹79-80 (approximately $0.93-0.94) per kg and virgin polyester fibre at ₹96 (approximately $1.13) per kg.

Surat also saw weak demand for polyester yarn over the past week. Prices remained stable after easing previously. According to market sources, various polyester yarn types and counts faced sluggish demand due to slow downstream industry activity. The loom sector is experiencing a labour shortage, reducing polyester yarn consumption.

In Surat, 30 count polyester spun yarn was traded at ₹142-143 (approximately $1.67-1.69) per kg (GST extra); 40 count poly spun yarn at ₹156-158 (approximately $1.84-1.86) per kg; 50/48 fully drawn yarn (FDY) at ₹113-114 (approximately $1.33-1.34) per kg; 75/72 FDY at ₹104-105 (approximately $1.23-1.24) per kg; and 75 bright yarn at ₹104-105 (approximately $1.23-1.24) per kg.

In Mumbai, viscose yarn prices fell by ₹1–2 per kg ahead of higher imports from China. Weak demand also dampened market sentiment. A trader from the Mumbai market told Fibre2Fashion, “Overall demand for viscose yarn was slow, but a few varieties saw better buying. Prices eased mainly due to higher imports. A weaker US dollar against the Indian rupee made imports cheaper, while falling freight rates further improved affordability. Chinese manufacturers are desperate to offload stock following the implementation of US tariffs.” The Surat market did not see a decline in viscose yarn prices, though rising imports may lead to price drops in the coming weeks.

In Mumbai, imported 30 count viscose vortex yarn was priced at ₹203-207 (approximately $2.39-2.44) per kg; and local 30 count ring-spun viscose yarn at ₹204-209 (approximately $2.41-2.46) per kg in this market.

In Surat, 30 viscose compact yarn (local) was sold at ₹218-220 (approximately $2.57-2.59) per kg (GST extra) and 30 viscose vortex yarn at ₹204-205 (approximately $2.41-2.42) per kg.

In north India, cotton prices stabilised today after declining on Tuesday, influenced by ICE cotton trends. New arrivals were slow in the final round of the current season. Trade sources said spinning mills are buying cotton as available and in line with their requirements. As a result, mills are increasingly dependent on the Cotton Corporation of India (CCI) for procurement via auction sales. Cotton arrivals remained below 1,000 bales (170 kg each).

North India’s cotton arrivals totalled 950 bales, including 50 bales in Punjab, 500 in Haryana, 300 in upper Rajasthan, and 100 in lower Rajasthan. Punjab reported no fresh arrivals. Cotton prices ranged from ₹5,760 to ₹5,770 (approximately $67.92–68.03) per maund (37.2 kg) in Punjab; ₹5,660–5,700 (approximately $66.74–67.21) in Haryana; ₹5,780–5,800 (approximately $68.15–68.39) in upper Rajasthan; and ₹54,400–₹55,700 (approximately $641.42–656.75) per candy (356 kg) in lower Rajasthan.

Disclaimer: The prices in this article are based on market sources and hence, readers are recommended to do their own research before making any decision. The publisher and their affiliates are not liable for any inaccuracies or actions taken based on this information.

ALCHEMPro News Desk (KUL)