Textile
| India's viscose & polyester yarn down on weak demand, high imports
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Insights
- Viscose yarn prices in Surat and Mumbai eased by ₹*–* per kg due to higher imports and weak demand.
- Polyester yarn also fell in Surat, driven by lower virgin fibre costs amid a crude oil slump.
- Traders expect further declines. Despite the cut, polyester yarn prices remained steady in Ludhiana.
- Meanwhile, north India's cotton prices rose slightly as arrivals dwindled.