Polyester yarn rose by ₹2–3 per kg in the Ludhiana market following a price hike in virgin polyester fibre last week. However, polyester-cotton yarn traded steady. A trader from Ludhiana told Fibre2Fashion, “The market has moved past the fear of India-Pakistan tensions. However, the payment crisis remains a negative factor for the man-made and blended yarn trade. Although consumer demand was slightly better, polyester yarn prices increased due to the price hike in virgin polyester fibre by leading domestic manufacturers.”
In Ludhiana, 30 count PC combed yarn (48/52) traded at ₹202-211 (approximately $2.36-2.46) per kg (GST inclusive); 30 count PC carded yarn (65/35) at ₹190-200 (approximately $2.22-2.33) per kg; 20 recycled polyester yarn at ₹116-120 (approximately $1.35-1.40) per kg; 30 count polyester spun at ₹152-160 (approximately $1.77-1.87) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at ₹77-79 (approximately $0.90-0.92) per kg and virgin polyester fibre at ₹98.50 (approximately $1.15) per kg.
Meanwhile, the Surat market remained steady after a ₹2 per kg rise in polyester yarn prices last week. Interestingly, the price increase was seen mainly in specialised yarns like fully drawn yarn (FDY). According to market sources, both polyester spun yarn and specialised yarns have experienced better uptake from the consumer industry. Demand is expected to further improve next month when the current labour shortage eases, as workers return to factories.
In Surat, 30 count polyester spun yarn was traded at ₹142-143 (approximately $1.66-1.67) per kg (GST extra); 40 count poly spun yarn at ₹156-158 (approximately $1.82-1.84) per kg; 50/48 fully drawn yarn (FDY) at ₹115-116 (approximately $1.34-1.35) per kg; 75/72 FDY at ₹106-107 (approximately $1.24-1.25) per kg; and 75 bright yarn at ₹106-107 (approximately $1.24-1.25) per kg.
The Surat market saw a ₹1 per kg increase in viscose vortex yarn prices, while viscose compact yarn remained stable amid average demand. The Mumbai market also showed price stability in viscose yarn. Market sources noted that several containers are stuck at ports due to tighter scrutiny following reports of manipulation in yarn imports. Exchange rate fluctuations in the Indian rupee have further discouraged viscose yarn imports. A trader from Surat mentioned that viscose yarn demand is not as weak as previously expected, with average lifting that is likely to improve in the coming weeks.
In Mumbai, imported 30 count viscose vortex yarn was priced at ₹203-207 (approximately $2.37-2.42) per kg; and local 30 count ring-spun viscose yarn at ₹204-209 (approximately $2.38-2.44) per kg in this market.
In Surat, 30 viscose compact yarn (local) was sold at ₹218-220 (approximately $2.54-2.57) per kg (GST extra) and 30 viscose vortex yarn at ₹203-204 (approximately $2.37-2.38) per kg.
In north India, cotton prices rose by ₹10 per maund (37.2 kg) on Tuesday but stabilised today. Ginning mills and stockists, holding limited stocks, preferred to wait for better returns. Consequently, spinning mills are struggling to source enough cotton from private sellers and are increasingly dependent on auction sales by the Cotton Corporation of India (CCI). Trade sources noted that while current cotton movement is limited, prices may trend upward in the coming months as availability decreases. Stronger ICE cotton prices are also supporting sentiment in the local market.
Cotton arrivals in north India totalled 750 bales (170 kg each), comprising 500 bales in Haryana, 200 in upper Rajasthan, and 50 in lower Rajasthan. Punjab reported no fresh arrivals. Cotton prices ranged from ₹5,750–5,760 (approximately $67.12–67.23) per maund in Punjab; ₹5,580–5,630 (approximately $65.13–65.72) in Haryana; ₹5,760–5,780 (approximately $67.23–67.47) in upper Rajasthan; and ₹54,300–55,400 (approximately $633.82–646.66) per candy (356 kg) in lower Rajasthan.
ALCHEMPro News Desk (KUL)
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