Spot rates for 300-denier draw textured yarn drop after extended flat pattern
The domestic market for 300-denier draw textured yarn slowed down this week as spot rates broke out of an absolute flatlined behavior to register a clean Rs 2/kg drop. Local sellers in Gujarat had successfully kept offers rigid for over a week, but the latest multi-rupee single-day revision indicates that the earlier market resilience has hit a temporary limit. Procurement desks are currently adjusting their buying timelines as the immediate pricing direction exhibits a newfound soft bias. This latest downward move stands out as the most definitive directional movement seen in local trade circles over the past twelve days, altering Indian DTY 300D prices for downstream texturizing units.
Looking back across the fortnight comparison, the yarn had previously established a steady position, moving up just Re 1/kg in early May before resetting lower. Over a wider month view, the material has experienced small, incremental adjustments up and down, demonstrating a market where overall volatility remained low before this week’s abrupt step down. Analysts tracking long-term trends note that while the broader three-month view maintains a reasonable baseline, the current pricing tier remains highly sensitive to minor weekly adjustments by major domestic producers. Market participants are identifying technical resistance near Rs 156.00/kg, while immediate support is anticipated close to Rs 153.00/kg. Maintaining the current level will anchor the market in its present zone, whereas any further breach below the Rs 153.00/kg mark will reset the quarterly baseline lower. For industrial consumers, monitoring DTY 300D prices in India is essential to understand these changing technical boundaries. Downstream manufacturers track Indian DTY 300D prices to optimize their manufacturing costs, Draw Textured Yarn, DTY Prices, Textile Market, Yarn Trade, Commodity Update, Polyester Yarn.
Read the full verified update on IndianPetrochem.com.
