Fashion
Man-made yarn prices rise in India on wedding demand, US deal
The Ludhiana market saw an increase in both polyester-cotton and polyester yarn prices, which surged by ****;*–* per kg over the past week. Domestic virgin polyester fibre prices were hiked by ****;* per kg, making yarn more expensive. Higher demand from the consumer industry was also a positive factor for the yarn market. A trader from the Ludhiana market told Fibre*Fashion, “The recently announced India–US trade deal has raised prospects for higher garment and textile exports. Costlier fibre and better demand, coupled with the US deal, have motivated buying of polyester and PC yarn.”
In Ludhiana, ** count PC combed yarn (**/**) 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.