Blended yarn price gains in India on rising fibre prices

In India, 30s (65/35) PV warp yarn prices in the second week of April gained INR2 a kg (up US cents 3) in Indore market. In Ludhiana, PC 30s (52/48) prices rolled over during the week.

The recent hikes in PSF and VSF price in India, pushed PV prices up that week in Indore market while demand was still weak. Meanwhile cotton prices also gained substantially, but PC market was yet to react as prices rolled over, implying that they might rise in coming weeks. Spinners will tend to pass-on cost if demand remains firm.

Blended yarn markets were subdued in China and Pakistan while they were active in India as raw material cost rose. In Qianqing, PC (65/35) 32s yarn prices were stable on the week while 45s PC combed yarn prices rolled after declining in the first week.

In Pakistan, the increased supplies coming from rise in operating rates at spinning mill has put some pressure over blended yarn market. 24 PC (52/48) carded yarn price remained unchanged on the Faisalabad market while 30s rolled over on the week. Despite the weakness in demand, suppliers were able to resist any decline in price offers, thanks to firm raw material cost.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

5 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

5 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

5 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

5 years ago