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India Polyester Fiber and Yarn Prices

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Polyester filament yarn prices were strongly raised in June in India, even surging 14-16% if converted in US$ terms. Staple fiber prices less rose, by contrast. Demand was not depressed by such a jump in prices and new increases are expected for the coming weeks, in line with higher raw material costs. Spun yarn prices are also rising, as production for the festive season is starting, our India Correspondent reports.