Yarn Price

Due to weak demand, the price of polyspun yarn has decreased in India’s Surat market

Published: March 17, 2023
Author: DIGITAL MEDIA EXECUTIVE

Due to reduced demand, polyester-cotton yarn and polyspun yarn prices in India experienced negative sentiment. In Surat, the cost of polyspun yarn decreased by 3–4 per kilogramme over the past two weeks. Yet, despite the sluggish demand in the Ludhiana market, prices remained steady. The cost of raw materials were raised last Friday by Reliance Industries Ltd (RIL).

Due to weak demand, prices fell in Gujarat’s Surat market. Prices dropped by 3–4 cents per kilogramme, and 30 count polyspun yarn was sold for 137–138 cents per kilogramme (including GST) and 40 count polyspun yarn for 152–153 cents per kilogramme. A merchant from the Surat market informed that the textile and apparel sectors lacked confidence in consumer demand. They were hesitant to buy raw materials in bulk. Price of poly-spun cloth In the last few of days, yarn has slowed down.

In the Ludhiana market, polyester-cotton and polyester yarn were consistently marketed. Yet, due to negative attitudes throughout the entire value chain, demand was extremely low. “Buyers were mute for yarn purchase since garment units were still functioning on restricted capacity,” a seller from the Ludhiana market told . In Ludhiana, 30 count PC combed yarn (48/52) was consistently sold for between Rs. 217 and Rs. 230 per kilogramme (GST included), according to TexPro, a market research tool . 202-212 per kilogramme for 30 count PC carded yarn (65/35) was the same as before. The cost of 30 count poly spun yarn ranged from 151 to 158 per kilogramme. Recycled polyester fibre, often known as PET bottle fibre, is priced between $74 and $77 per kg.

Price increases for pure terephthalic acid were made by RIL (PTA) Notwithstanding MELT last Friday, the price of monoethylene glycol (MEG) remained the same for the coming week. PTA was set at 81.70 per kg (up 0.50), MEG was set at 57.10 per kg (no change), and MELT was set at 89.25 per kg (up 0.43). PSF for the business was found as 106 per kg.

After a slight increase on Tuesday, cotton prices in North India remained unchanged. After a spike in cotton futures prices, the price per maund of 37.2 kg rose by 40 to 50 cents on Tuesday. Due to the little buying from spinners today, the prices remained the same. In north India, there were 15,000 bales of cotton arriving at 170 kg each. Trading prices for the natural fibre ranged from 6,150 to 6,250 in Punjab, 6,150 to 6,250 in Haryana, and 6,350 to 6,425 per maund. in the higher Rajasthan. In lower Rajasthan, cotton was sold for 59,000–61,000 each candy of 356 kg.

Due to reduced demand, polyester-cotton yarn and polyspun yarn prices in India experienced negative sentiment. In Surat, the cost of polyspun yarn decreased by 3–4 per kilogramme over the past two weeks. Yet, despite the sluggish demand in the Ludhiana market, prices remained steady. The cost of raw materials were raised last Friday by Reliance Industries Ltd (RIL).

Due to weak demand, prices fell in Gujarat’s Surat market. Prices dropped by 3–4 cents per kilogramme, and 30 count polyspun yarn was sold for 137–138 cents per kilogramme (including GST) and 40 count polyspun yarn for 152–153 cents per kilogramme. A merchant from the Surat market informed Fibre2Fashion that the textile and apparel sectors lacked confidence in consumer demand. They were hesitant to buy raw materials in bulk. Price of poly-spun cloth In the last few of days, yarn has slowed down.

In the Ludhiana market, polyester-cotton and polyester yarn were consistently marketed. Yet, due to negative attitudes throughout the entire value chain, demand was extremely low. “Buyers were mute for yarn purchase since garment units were still functioning on restricted capacity,” a seller from the Ludhiana market told. In Ludhiana, 30 count PC combed yarn (48/52) was consistently sold for between Rs. 217 and Rs. 230 per kilogramme (GST included), according to TexPro, a market research tool . 202-212 per kilogramme for 30 count PC carded yarn (65/35) was the same as before. The cost of 30 count poly spun yarn ranged from 151 to 158 per kilogramme. Recycled polyester fibre, often known as PET bottle fibre, is priced between $74 and $77 per kg.

Price increases for pure terephthalic acid were made by RIL (PTA) Notwithstanding MELT last Friday, the price of monoethylene glycol (MEG) remained the same for the coming week. PTA was set at 81.70 per kg (up 0.50), MEG was set at 57.10 per kg (no change), and MELT was set at 89.25 per kg (up 0.43). PSF for the business was found as 106 per kg.

After a slight increase on Tuesday, cotton prices in North India remained unchanged. After a spike in cotton futures prices, the price per maund of 37.2 kg rose by 40 to 50 cents on Tuesday. Due to the little buying from spinners today, the prices remained the same. In north India, there were 15,000 bales of cotton arriving at 170 kg each. Trading prices for the natural fibre ranged from 6,150 to 6,250 in Punjab, 6,150 to 6,250 in Haryana, and 6,350 to 6,425 per maund. in the higher Rajasthan. In lower Rajasthan, cotton was sold for 59,000–61,000 each candy of 356 kg.

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