Related Keywords: Bombay Yarn Merchants Association, crude oil, domestic synthetic yarn maker, Makarand Appalwar, Monoethylene Glycol, PTA, synthetic yarn, Textile mills
Domestic synthetic yarn makers forced to reduce prices, thereby incurring loss over the inventory with continual fall in prices of crude oil and key polyester yarn raw materials such as monoethylene glycol (MEG) and purified terephthalic acid (PTA).
