In the Ludhiana market, PC and polyester spun yarns experienced a downward trend. 30 count poly spun yarn dropped by ₹1-2 per kg, while PC yarn slipped by ₹5-7 per kg. Recycled polyester fibre also traded lower, down by ₹3 per kg. “The downstream industry’s demand did not improve, leading mills to offer lower prices. They were struggling to find potential buyers,” a trader from Ludhiana told Fibre2Fashion.
Polyester spun, polyester-cotton, and viscose yarn prices faced downward pressure in India due to sluggish demand.
PC and polyester spun yarn prices dropped by ₹2-4 per kg in Ludhiana and Surat markets.
Viscose yarn prices remained stable. Recycled polyester staple prices declined.
Cotton prices stabilised in North India, with limited arrivals.
In the Ludhiana market, 30 count poly spun yarn was priced at ₹152-160 per kg (inclusive of GST), while 30 count PC combed yarn (48/52) decreased to ₹210-225 per kg (inclusive of GST) as per Fibre2Fashion’s market insight tool TexPro. 30 count PC carded yarn (65/35) remained stable at ₹200-210 per kg. Recycled polyester fibre (PET bottle fibre) fell to ₹73-75 per kg.
In the Surat market, poly spun yarn was sold at lower prices, down by ₹1-2 per kg. Snehakar Bansal from Varnita Textiles Pvt Ltd, a Surat-based yarn trading company, told F2F, “The demand from the weaving industry was very slow, which is not enough to keep the yarn prices steady.” 30 count poly spun yarn was traded at ₹140-141 per kg (excluding GST), while 40 count poly spun yarn was priced at ₹156-157 per kg.
In Mumbai, 30 count viscose yarn (local) remained stable at ₹193-200 per kg (excluding GST). Buyers showed limited interest, as they did not anticipate significant demand from the garment industry.
Reliance Industries recently adjusted the prices of polyester raw materials, with PTA at ₹83.90 per kg (a decrease of ₹3.30), MEG at ₹52.10 per kg (a decrease of ₹0.90), and MELT at ₹89.87 per kg (a decrease of ₹2.84). The company maintained the prices of polyester staple fibre (PSF) at ₹110 per kg for the current fortnight, but market sources expected a potential reduction in PSF prices for the next fortnight.
North Indian cotton prices stabilised after a slight decline on Tuesday. The natural fibre experienced a downward trend following the decline in ICE cotton prices. Cotton yarn prices remained range-bound due to subdued demand. Cotton arrivals were limited as the current season is coming to an end. Arrival in north India stood at 5,000 bales of 170 kg. Cotton was traded at ₹6,100-6,200 per maund in Punjab, ₹6,075-6,175 per maund in Haryana, and ₹6,276-6,375 per maund in upper Rajasthan; and at ₹59,400-61,400 per candy of 356 kg in lower Rajasthan.
Fibre2Fashion News Desk (KUL)