Polyester Yarn Makers' Profits Hit

The rising crude prices have become a major concern for the polyester yarn industry. As per Crisil's report, the increase in crude prices will lead to a surge in production costs, ultimately affecting the profit margins of polyester yarn makers. This will have a significant impact on the industry, which is already facing challenges due to fluctuating demand and supply. The high crude prices are expected to continue in the near future, which may further exacerbate the situation for polyester yarn manufacturers.