The Ludhiana market experienced a declining trend in PC and recycled polyester yarn. However, polyester spun yarn traded steadily. The market is facing a seasonal slowdown in demand and slow payment flow. A trader from the Ludhiana market told Fibre2Fashion, “PC and recycled polyester yarn eased by ₹2-3 per kg as payment constraints have reduced buying capacity. The annual closing in the last month of the current fiscal also contributed to the weak demand for man-made and blended yarn.”
In Ludhiana, 30 count PC combed yarn (48/52) traded at ₹208-217 (approximately $2.39-2.49) per kg (GST inclusive); 30 count PC carded yarn (65/35) at ₹194-204 (approximately $2.23-2.35) per kg; 20 recycled polyester at ₹112-118 (approximately $1.29-1.36) per kg; 30 count polyester spun at ₹157-164 (approximately $1.80-1.89) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at ₹79-82 (approximately $0.91-0.94) per kg; and virgin polyester fibre at ₹103 (approximately $1.18) per kg.
Surat’s polyester yarn market also saw weaker demand from the consumer industry. Prices eased by ₹1-2 per kg for different varieties of polyester yarn. According to market sources, the annual closing and tight payment flow remain concerns for yarn traders. Mills and stockists are under pressure to sell their stocks amid sluggish demand.
In Surat, 30 count polyester spun yarn was traded at ₹144-145 (approximately $1.66-1.67) per kg (GST extra); 40 count poly spun yarn at ₹157-158 (approximately $1.80-1.82) per kg; 50/48 fully drawn yarn (FDY) at ₹113-114 (approximately $1.30-1.31) per kg; 75/72 FDY at ₹104-105 (approximately $1.210-1.21) per kg; and 75 bright yarn at ₹106 (approximately $1.22) per kg.
Viscose yarn prices continued to rise in Surat but remained steady in the Mumbai market. Traders noted that viscose yarn prices have peaked due to seasonal demand and limited supply. Prices began increasing in February because of seasonal demand and slow supply. While viscose yarn prices remained steady in Mumbai, they rose by ₹2-4 per kg in Surat. Trade sources indicated that seasonal demand is ending, and the current high prices are discouraging buyers. A proportionally higher increase in viscose yarn prices compared to viscose fibre has slowed demand in the Mumbai market, and a similar declining trend may be observed in Surat.
In Mumbai, imported 30 count viscose vortex yarn was priced at ₹203-207 (approximately $2.33-2.38) per kg; and local 30 count ring-spun viscose yarn at ₹204-209 (approximately $2.35-2.40) per kg.
In Surat, 30 viscose compact yarn (local) was sold at ₹225-228 (approximately $2.59-2.62) per kg (GST extra) and 30 viscose vortex yarn at ₹204-205 (approximately $2.35-2.36) per kg.
In north India, cotton prices dropped by more than one per cent as ICE cotton faced a storm of tariff tensions. The natural fibre traded with a loss of ₹60-70 per maund of 37.2 kg. Following the announcement of tariff hikes by US President Donald Trump, global markets experienced significant turmoil. Traders reported that global and domestic cotton futures have discouraged spot market purchases. Spinning mills are already hesitant to build up cotton stocks, as they do not expect a significant price rise anytime soon.
North India’s cotton arrivals were recorded at 6,800 bales of 170 kg, comprising 300 bales in Punjab, 2,000 bales in Haryana, 3,000 bales in upper Rajasthan, and 1,500 bales in lower Rajasthan. Cotton prices in Punjab ranged from ₹5,450 to ₹5,460 (approximately $62.66-62.77) per maund of 37.2 kg, while in Haryana, prices ranged from ₹5,430 to ₹5,450 (approximately $62.43-62.66). In upper Rajasthan, cotton was priced between ₹5,450 and ₹5,470 (approximately $62.66-62.89) per maund. In lower Rajasthan, prices stood at ₹52,300 to ₹53,500 (approximately $601.26-615.05) per candy of 356 kg, while seed cotton was priced at ₹7,000-7,200 (approximately $80.47-82.77) per quintal of 100 kg.
ALCHEMPro News Desk (KUL)
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