Polyester-cotton (PC) and polyester spun yarn prices rose by ₹2-3 per kg in Ludhiana and Surat markets due to positive sentiments. Surat has strong winter garment demand, while Ludhiana sees increased summer season buying. PC yarn's recent price increase is closing the gap with cotton yarn, following a previous drop. Meanwhile, viscose yarn remains stable with weaker demand, facing competition from inexpensive digital polyester fabric in women's dresses.
The Ludhiana market in India is still experiencing strong demand for PC yarn due to increased manufacturing activity for upcoming summer garments. A trader from the Ludhiana market shared with Fibre2Fashion, "PC yarn is currently very attractive in terms of price. The recent price increase will help normalise the price difference with cotton yarn. The weaving industry is actively purchasing PC yarn for its future needs." Additionally, there has been a noticeable price increase in polyester spun yarn due to rising demand.
In Ludhiana, 30 count PC combed yarn (48/52) was traded at ₹195-207 per kg (including GST), 30 count PC carded yarn (65/35) was sold at ₹180-190 per kg, and 30 count polyester spun yarn was priced at ₹153-163 per kg (including GST). Recycled polyester fibre (PET bottle fibre) was quoted at ₹69-72 per kg, while virgin polyester staple fibre was offered at ₹105 per kg by manufacturers, as per Fibre2Fashion's market insight tool TexPro.
The Surat market also continued to experience an upward trend due to increased demand. Poly spun yarn saw an increase of ₹2-3 per kg in response to this heightened demand. Traders predict that winter demand may persist for the next one and a half months, providing continued support for polyester yarn. The adoption of new technology has enhanced the acceptability of polyester yarn, as its fabric and garments now offer a cotton-like touch and feel. This development has also had a positive impact on the variety of yarn available. Specifically, 30 count poly spun yarn was traded at ₹135-138 per kg (excluding GST), while 40 count poly spun yarn was priced at ₹148-152 per kg. However, viscose yarn remained stable, with 30 viscose compact yarn (local) priced at ₹197-199 per kg (excluding GST) in Surat.
Viscose yarn prices remained stable in the Mumbai market due to sluggish demand from spinning mills. Trade sources have noted that the demand for viscose yarn has not improved. This type of textile yarn is encountering tough competition from digital polyester yarn, which is a more cost-effective option for the weaving and garment industry. The appealing prints and higher quality of polyester yarn have increased its acceptability, but this has not been favourable for viscose yarn. Imported viscose vertex yarn was priced at ₹178-183 per kg, while local ring-spun viscose yarn was quoted at ₹187-190 per kg, according to TexPro.
North India cotton prices improved due to increased buying at lower prices. Prices rose by ₹40-50 per maund (37.2 kg) as spinning mills and traders rushed to make purchases following a recent drop in cotton yarn prices. Despite this, cotton arrivals remained steady. Traders believe that if the Cotton Corporation of India (CCI) increases its purchases of unginned cotton (Kapas), it could provide further support to prices.
In the region, cotton arrivals totalled 24,000 bales of 170 kg, with state-wise figures as follows: Punjab - 2,500 bales, Haryana - 7,500 bales, upper Rajasthan - 8,000 bales, and lower Rajasthan - 6,000 bales. Prices were as follows: ₹5,250-5,350 in Punjab, ₹5,200-5,300 in Haryana, and ₹5,200-5,500 in upper Rajasthan per maund. Bikaner line cotton was sold at ₹100-125 per maund higher than the prices of Shri Ganganagar line in upper Rajasthan. Prices in lower Rajasthan were noted at ₹52,500-54,500 per candy (356 kg).
ALCHEMPro News Desk (KUL)
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