PC yarn prices rise by Rs 2-Rs 5 per kg this week

PC_yarn_prices

The Indian textile landscape is witnessing a strategic divergence with the synthetic segment reacting to landmark regulatory shifts. Polyester-cotton (PC) yarn prices rose by approximately Rs 2 to Rs 5 per kg this week, tracking firmer raw cotton rates which have stabilized near Rs 52,500 per candy following the government's 11 per cent import duty exemption.

In contrast, the man-made fiber (MMF) sector is experiencing a significant ‘cost correction.’ The recent revocation of Quality Control Orders (QCOs) on polyester and viscose has triggered a Rs 4 per kg decline in Polyester Staple Fiber (PSF) prices. The rescinding of QCOs provides the sourcing flexibility needed to hit the $100 billion export target by 2030, notes Ashwin Chandran, Chairman, CITI. While rising imports of cheaper polyester from China and Southeast Asia threaten domestic margins, they offer a vital lifeline to downstream apparel makers facing stagnant global demand. This rebalancing acts as a hedge; firmer cotton keeps the spinning mills active, while cheaper synthetics allow garment exporters to remain competitive in the value-added athleisure and performance-wear markets.

Established in 1931, Arvind Limited is a cornerstone of India’s textile heritage and the flagship of the Lalbhai Group. Originally known for superfine fabrics, it operates as a vertically integrated powerhouse across denim, knits, and advanced materials, serving major markets in the US and Europe. With a Rs 450 crore capex plan underway, Arvind is transitioning toward a circular economy model, aiming for 100 per cent renewable energy by 2026.