Polyester-cotton and polyester yarn prices eased by ****;*–* per kg in the last week. After the ceasefire deal, crude oil prices are falling. It will make polyester raw materials cheaper, leading to decline in yarn. A Ludhiana-based trader told Fibre*Fashion, “Buyers have largely stayed away from fresh purchases in anticipation of a decline in polyester yarn prices. Polyester fibre prices are expected to fall by ****;*–* per kg in the next review cycle. Downstream industry participants also remained cautious, purchasing only to meet immediate requirements. However, both virgin polyester fibre and recycled polyester fibre prices have remained stable over the past week.”
In Ludhiana, ** count PC combed yarn (**/**) was traded at ****;***–*** (~$*.**–*.**) per kg (GST inclusive); ** count PC carded yarn (**/**) at ****;***–*** (~$*.**–*.**) per kg (GST inclusive); ** recycled polyester yarn at ****;***–*** (~$*.**–*.**) per kg (GST extra); ** count virgin polyester spun at ****;***–*** (~$*.**–*.**) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at ****;**–** (~$*.**–*.**) per kg and virgin polyester fibre at ****;*** (~$*.**) per kg.
The Surat market witnessed a decline in polyester speciality yarn prices, with the intermediary product becoming cheaper by ****;*–* per kg. Traders attributed the price fall primarily to weaker crude oil prices. Market sentiment was further dampened after the removal of the Quality Control Order (QCO). The lifting of the stay order by a division bench of the Gujarat High Court has once again made polyester yarn imports and trade restriction-free in the country.
In Surat market, ** count polyester spun yarn was traded at ****;***–*** (~$*.**–*.**) per kg (GST extra); ** count poly spun yarn at ****;***–*** (~$*.**–*.**) per kg; **/** fully drawn yarn (FDY) at ****;***–*** (~$*.**–*.**) per kg; **/** FDY at ****;***–*** (~$*.**–*.**) per kg and ** bright yarn at ****;***–*** (~$*.**–*.**) per kg.
