PC yarn prices up in Ludhiana on summer demand, mixed trend in Surat

Ludhiana market witnessed better demand of PC yarn as manufacturing activity is expected to pick up for summer garments. A trader from Ludhiana market told Fibre2Fashion, “The north Indian market is known for PC garments for domestic market. Manufacturing of summer garments will now be on the rise. The expected future demand of PC yarn improved market sentiments. Mills and stockists have raised prices. But further increase in PC yarn will depend on retail demand in the coming season.”

30 count PC combed yarn (48/52) was traded at ₹190-202 per kg (GST inclusive) in Ludhiana, according to Fibre2Fashion’s market insight tool TexPro. 30 count PC carded yarn (65/35) was sold at ₹176-186 per kg. 30 count polyester spun yarn was priced at ₹151-161 per kg (GST inclusive) in the north Indian market. Recycled polyester fibre (PET bottle fibre) was quoted at ₹69-72 per kg. Virgin polyester staple fibre was quoted at ₹105 per kg by the manufacturers. 

Surat market also witnessed upward trend amid better demand. Poly spun yarn gained ₹1-2 per kg on better demand. Traders said that the market is witnessing higher demand since last week of November. Mills and stockists were quoting higher prices because buyers rushed for fresh purchase. 30 count poly spun yarn was traded ₹132-133 per kg (GST extra) and 40 counts poly spun yarn at ₹146-148 per kg. Viscose yarn also gained ₹2 per kg. 30 count viscose compact yarn (Local) was traded at ₹197-199 per kg (GST extra) in Surat.

In Mumbai market, viscose yarn prices eased by ₹1-2 per kg because of poor demand from spinning mills. Trade sources said that viscose yarn imports are very limited because the prices are ruling lower in domestic market. Imported viscose vertex yarn was priced at ₹178-183 per kg. Local ring spun viscose yarn was quoted at ₹187-190 per kg, as per TexPro.

Meanwhile, cotton prices remained stable in north India amid average demand from spinning mills. Weaker ICE cotton also dampened market sentiments in domestic cotton yarn. According to the traders, there was stability in cotton prices as mills were slow in buying. Cotton arrival was noted at 24,000 bales of 170 kg in the region. State wise arrivals were: Punjab 2,500 bales, Haryana 7,000 bales, upper Rajasthan 7,500 bales, and lower Rajasthan 7,000 bales. The prices were ruling in Punjab at ₹5,325-5,425, Haryana ₹5,300-5,400 and upper Rajasthan ₹5,325-5,525 per maund of 37.2 kg. Bikaner line cotton was sold ₹100-125 per maund higher than the prices of Sri Ganganagar line in upper Rajasthan. The prices were noted at ₹52,800-54,800 per candy of 356 kg in lower Rajasthan.

ALCHEMPro News Desk (KUL)