Fashion
Polyester yarn prices rise in India on firmer feedstock costs
According to market sources, raw material prices strengthened on May **, with PTA rising by ****;*.* to ****;***.* per kg, MEG increasing by ****;*.* to ****;**.** per kg and melt advancing by ****;*.** to ****;***.** per kg. The cost push encouraged Indian polyester yarn producers to revise selling prices upwards, although polyester staple fibre (PSF) prices remained unchanged for the second fortnight of May.
Indian producers increased POY and PTY prices by ****;* per kg across all deniers and lustres, with effect from May **. Following the revision, POY fine denier was priced at ****;*** per kg, while coarse denier stood at ****;*** per kg.