Polyester, PC & viscose yarn fall after GST cut; demand slows

India’s manmade yarn market weakened after the GST cut, with polyester and polyester-cotton yarn falling ₹2–3 per kg in Ludhiana and viscose yarn dropping ₹2 per kg in Surat.
Buyers delayed purchases, expecting further reductions as fibre makers adjust rates.
Liquidity issues and rains also dampened demand, while north India’s cotton prices declined on poor quality and limited new arrivals.