India’s polyester yarn firms on crude; PC gains on demand

In Ludhiana market, polyester-cotton yarn increased by ****;* per kg. Recycled polyester yarn also gained by ****;* per kg in the last couple of days, but polyester spun yarn was traded stable. Traders feel that current price rise in polyester value chain is basically driven by the US President Donal Trump. A trader in the Ludhiana market told Fibre*Fashion, “PC and recycled polyester yarn prices have moved up due to supply disruptions affecting crude oil. Higher crude oil prices have pushed up the cost of polyester upstream raw materials. Demand is also improving as the festive season approaches.”

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.

Polyester yarn prices in the Surat market increased by ****;*–* per kg, supported by higher crude oil prices. Recent geopolitical tensions and military exchanges in the Middle East disrupted crude oil markets, pushing up feedstock costs for polyester. According to market sources, domestic producers are likely to raise polyester fibre prices in the coming fortnight as elevated crude oil prices continue to increase production costs. Demand from downstream industries has also improved with the approaching festive season, providing additional support to polyester yarn prices.

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.