Polyester filament yarn (PFY) remains a critical raw material in India’s booming textile and apparel industry. Understanding the polyester filament yarn price trend in India market is essential for manufacturers, traders, and investors to make informed decisions. This article provides an in-depth analysis of recent price movements, focusing on quarterly trends and the key factors influencing the market.
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Overview of Polyester Filament Yarn Price Trend in India
The polyester filament yarn price trend in India market is primarily driven by fluctuations in raw material costs such as purified terephthalic acid (PTA) and monoethylene glycol (MEG), which are derivatives of crude oil. The global crude oil price trajectory directly impacts the cost structure of PFY, causing corresponding changes in yarn prices. Besides raw materials, demand from the domestic textile sector and export volumes significantly shape the price trend.
Quarterly Price Trends of Polyester Filament Yarn in India
- Q4 2024 (October – December): The final quarter of 2024 witnessed a significant surge in polyester filament yarn prices, increasing by approximately 6%. This rise was propelled by strong demand ahead of the festive and wedding seasons, alongside heightened export activity.
- Q1 2025 (January – March): The latest quarter continued the upward momentum, with polyester filament yarn prices in India rising by an estimated 3-5%. This increase was driven by sustained crude oil price hikes, tight raw material supply, and robust export orders from the textile sector. Domestic demand also showed signs of recovery post-winter, further supporting prices.
- Q2 (April – June): Historically, Q2 usually sees moderate price corrections due to the approaching monsoon season and slower domestic demand. However, in 2025, global supply constraints have balanced this seasonal softness, resulting in a marginal price increase of about 2%.
- Q3 (July – September): Traditionally a slow quarter, Q3 generally experiences price dips as manufacturers adjust inventories. For 2025, a forecasted 4% price decline is anticipated due to expected subdued domestic demand during the monsoon period.
Key Drivers Behind Price Trends
- Raw Material Price Volatility: Fluctuations in crude oil prices and PTA/MEG availability continue to be the biggest influence on the polyester filament yarn price trend in India market.
- Export Demand: India’s growing prominence in the global textile supply chain has strengthened export demand, pushing prices upward during peak periods.
- Domestic Textile Growth: The rising consumption of synthetic textiles domestically adds consistent upward pressure on polyester filament yarn prices.
- Currency Fluctuations: Exchange rate movements, particularly the weakening of the Indian rupee against the dollar, make imported raw materials costlier, impacting yarn prices.
Future Outlook
The polyester filament yarn price trend in India market is expected to maintain a cautiously optimistic trajectory throughout 2025 and beyond. While crude oil price stability and enhanced local production capacities might ease some price pressures, ongoing global demand and domestic textile sector expansion are likely to keep prices buoyant.
Final Words
Keeping track of the polyester filament yarn price trend in India market on a quarterly basis helps stakeholders navigate the evolving dynamics effectively. With the interplay of raw material costs, demand fluctuations, and macroeconomic factors, price trends will continue to see some volatility but with promising growth in the medium term.
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