Why mink blanket prices are higher this year

If a quote from us this year looks higher than what you paid last year for the same blanket, it isn’t a markup — it’s raw material cost, passed through close to directly. The two inputs that moved are yarn and the dyes/chemicals used in printing and finishing, and both moved for reasons that show up in public commodity data, not just in our own supplier invoices.

What actually went up

Yarn, the single largest cost in any mink blanket, is up close to 50% on what we were paying for it a year ago. Yarn is the base raw material a raschel machine knits into fabric before anything else happens to it — polish, printing, raising, washing — so when yarn moves, everything downstream moves with it.

Dyes and chemicals — the disperse dyes used in printing, and the gums and auxiliary chemicals that carry and fix them onto the fabric — are up roughly 30%. This is a smaller share of the total cost than yarn, but it’s not a small increase.

Neither of these are numbers we picked to make a point. They’re what our procurement has actually cost us, quarter over quarter, through 2026.

The public data behind the same story

We’re not the only ones seeing this. The raw materials behind polyester yarn and textile dyes have been tracked publicly all year, and the direction — sharply up — matches what we’re paying, even where the exact percentage differs (mill-level procurement moves faster and further than a quarterly national average, which is smoothed and lagged by design).

Polyester feedstock. PTA and MEG — the two petrochemical inputs that become polyester yarn — both climbed through 2026 on crude oil volatility linked to Strait of Hormuz tensions. Domestic PTA was reported at roughly ₹77.50/kg in February 2026 and around ₹93.90/kg by late July — about a fifth higher in five months — while MEG moved from roughly ₹51.80/kg to ₹58.70/kg over the same stretch. (fibre2fashion)

Polyester staple fibre (PSF). Indian PSF averaged about $1.25/kg in Q1 2026, up 11.6% on Q4 2025’s $1.12/kg, and domestic PSF climbed a further ~18% in Q2 2026 on top of that. (textilesresources.com)

Polyester filament yarn. India’s Polyester Filament Yarn price index rose 13.1% quarter-on-quarter through the same period, tracked directly off mill pricing. (fibre2fashion Texpro)

Guar gum. Every printed design on a mink blanket is fixed with a print paste thickened by guar gum, and India supplies roughly 80% of the world’s guar gum. Indian guar gum prices rose 12.5% in Q1 2026 alone — the sharpest quarterly move of any tracked commodity that quarter — on top of a 15% jump already logged between February and March 2025. (imarcgroup, chemanalyst)

None of these public indices land on exactly 50% or exactly 30% — they’re national quarterly averages, and we’re buying a specific grade, at mill gate, in real time. But the direction and the scale are the same story: feedstock up on crude and geopolitics, yarn up on feedstock, gum and dyes up on their own separate supply pressure, and all of it landing on the same manufacturers at the same time.

The other way to absorb a cost increase — and why we don’t

When yarn and dyes get this much more expensive, there are only two honest ways to respond: raise the price, or quietly cut the quality and hold the price. A lot of sellers pick the second option — lighter fill, a thinner pile, a cheaper grade of yarn than the label suggests — because a steady price is easier to sell than an explanation. We’d rather give the explanation. Bahubali Industries has stayed firm on the weight, ply and finish of every design in our range through this entire increase, which is a large part of why we consider ourselves among the best manufacturers of mink blankets in India rather than just one more supplier competing on a number.

What this means if you’re ordering

We’d rather explain a price increase with actual numbers than hope nobody asks. If you’re placing a bulk order, the practical takeaway is: this is a live, moving market rather than a one-time reset, so locking a rate for the quantity you need now is worth doing sooner rather than later. Talk to us about current pricing for your specification, or see our full range with weight, ply and bed size published openly, the same way it always has been.