India's polyester buying window narrows as festive apparel demand grows

...

Textile hubs in Surat and Bhiwandi are experiencing a sharp drop in raw material procurement windows as domestic apparel manufacturers aggressively restock synthetic fibers ahead of the peak festive season. With an increase in fully drawn yarn and polyester filament demand, domestic polyester prices have outpaced typical weekly ranges. Analysts note a notable rise in global crude benchmarks has directly pushed up Asian petrochemical inputs, creating immediate cost pressures across spinning mills.

Upstream cost friction combined with robust retail intake for festive garments has reduced the traditional inventory holding period for weavers, say experts. While processing units attempt to pass on incremental fiber expenses, brand-tier apparel converters face tough margin trade-offs. The primary challenge remains balancing swift inventory turnaround against volatile feedstock pricing. Nevertheless, strong retail projections offer lucrative opportunities for mills capable of maintaining steady volume output and rapid delivery schedules through the upcoming months.