India's yarn market navigates tight payment terms and price fluctuations
India's man-made yarn market is currently grappling with tightening payment conditions and price trends. While certain segments like polyester-cotton and polyester yarns have maintained steady prices, others have seen fluctuations. Recycled polyester yarn, for instance, has seen upward pressure due to rising fibre costs. This trend is likely to continue as global commodity prices remain volatile.
The viscose yarn segment presents a more complex picture, with demand varying across different regions. Factors such as labor shortages and increased freight costs have impacted production and distribution, leading to localized price variations.
Meanwhile, cotton prices have been on the rise, influenced by global market dynamics and increased arrivals in north India. This development could have a cascading effect on the overall textile industry, particularly for blended yarns. As the market continues to evolve, industry players will need to closely monitor these trends and adapt their strategies accordingly to mitigate risks and capitalize on emerging opportunities.