Home / Knowledge / News / Textiles / Polyester yarn prices expected to plunge further
Polyester yarn prices expected to plunge further
20
Dec '10
The spinners have already lowered the yarn prices by around Rs 8 per kilogram in the last few days apprehending the possibility of imposition of a ceiling on polyester yarn exports by the Textile Ministry of India as has been appealed by a big textile body in order to make the yarn prices steady in the local market.

The yarn prices are further likely to drop, within a short period of time. The weavers are closely following the yarn price fluctuations and they are likely to start buying the yarns as soon as the prices start dropping.

Members of the textile body urged the Textile Ministry to put a ceiling on polyester yarn exports in the same way as it was done for exports of cotton yarn to make the domestic market stable, following the unprecedented hike in polyester yarn prices after November. A memorandum in this connection was already put forward to the Textile Secretary of the country about two weeks ago.

The members also asserted that the demand for synthetic yarn, by textile manufacturers, particularly from China and Pakistan after the conspicuous shortage of cotton supply, had raised the export orders from the country.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X