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Prices of polyester yarn raw material MEG and PTA on rise in domestic market

Related Keywords: domestic yarn market, Indian polyester yarn maker, MEG, polyester yarn raw material, PTA, Southern India Mills' Association, Suryalakshmi Cotton Mills

Indian polyester yarn makers are witnessing drop in their margins by about 10-15 percent due to rise in raw material prices by Rs.10-15 a kg in the domestic market. In the domestic market, polyester yarn raw materials prices stand at Rs 115-120 a kg, against Rs 100 a kg three months ago. Prices in the international market stand at Rs 110 a kg.

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