The Ludhiana market witnessed a declining trend across polyester, PC, and viscose segments. Its prices declined by &#****;*–* per kg in the last two weeks. Lower crude oil prices led to a decline in the polyester value chain. Not only polyester yarn but also polyester fibre was traded lower. Slower demand from consumer industry dampened sentiment in the market. A Ludhiana-based trader told Fibre*Fashion, “Workers’ shortage, geopolitical uncertainty, and the previous steep price rise have discouraged yarn buying. Weaving and knitting mills are unable to maintain normal fabric production as workers have returned their native villages for faming activities. Buyers and consumer industries are buying yarn just for immediate requirement.”
In Ludhiana, ** count PC combed yarn (**/**) was traded at &#****;***–*** (~$*.**–*.**) per kg (GST inclusive); ** count PC carded yarn (**/**) at &#****;***–*** (~$*.**–*.**) per kg (GST inclusive); ** recycled polyester yarn at &#****;***–*** (~$*.**–*.**) per kg (GST extra); ** count virgin polyester spun at &#****;***–*** (~$*.**–*.**) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at &#****;**–** (~$*.**–*.**) per kg and virgin polyester fibre at &#****;*** (~$*.**) per kg.
