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Better demand, rise in raw material price drive poly yarn in India

04 Jan '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Polyester yarn prices improved in Indian markets today due to better buying amid tight supply and rise in prices of raw material. Last Friday, Reliance Industries Limited (RIL), India's largest player in polyester value chain, has increased prices of PTA, monoethylene glycol (MEG) and MELT. However, the prices of polyester-cotton yarn remained stable.

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