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Viscose yarn prices surge amid supply shortages in India

Viscose yarn prices increased further in Mumbai and Surat. Compact viscose yarn rose again by &#****;*-* per kg in Surat, marking a price rise of &#****;**-** per kg over the last couple of weeks. Vortex and ring-spun varieties of viscose yarn also gained &#****;* per kg in the Mumbai market. A trader from Mumbai told Fibre2Fashion, “Supply from domestic and foreign suppliers remained slow. There is a supply mismatch as domestic manufacturers have reduced production. Foreign supplies have also slowed due to an increase in landed costs after the Indian rupee hit a low against the US dollar. Importers and domestic producers will increase supplies, but it will take at least one and a half months.”

In Mumbai, imported ** count viscose vortex yarn was priced at &#****;***-*** (approximately $*.**-*.**) per kg; and local ** count ring-spun viscose yarn at &#****;***-*** (approximately $*.**-*.**) per kg. In Surat, ** viscose compact yarn (local) was sold at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra) and ** viscose vortex yarn at &#****;***-*** (approximately $*.**-*.**) per kg.