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India's poly spun yarn prices continue to rise; viscose yarn up

12 Apr '23

3 min read

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Insights

India's polyester spun yarn prices are up due to rising demand and high raw material costs, with poly spun yarn prices increasing by ₹*-* per kg in Ludhiana and Surat.
Viscose yarn has also seen a steep increase due to supply shortages.
North Indian cotton prices stabilized following a previous easing, with traders noting a balance between demand and supply.

In the Surat market of Gujarat, poly spun yarn prices continued to show an upward trend. The ** count poly spun yarn increased to &#****;***-*** per kg (excluding GST), while the ** count poly spun yarn reached &#****;***-*** per kg, with prices rising by &#****;*-* per kg. Viscose yarn experienced a steep increase of &#****;*-* per kg due to low supply from Tamil Nadu, with the ** count viscose yarn trading at &#****;***-*** per kg.

“There was demand for poly spun yarn and recent increases in polyester fibre and upstream raw materials supported market sentiments. Viscose yarn production declined due to labour shortages, as Muslim workers took leave for Ramadan,” a trader from Surat told Fibre2Fashion.