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PX prices increase in US last week

22 May '18
1 min read

PX prices marched higher in the US in the last week owing to strong cues from the Asian market.
 
In US, average prices gained by US$ 25/ton and settled at US$ 1000/ton in the last week, a rise of 2.56 per cent over the price prevailing at the end of the previous week.
 
Meanwhile in Europe, average prices sharply soared by US$ 40/ton and recorded at US$ 950/ton in the last week, showing an increment of 4.40 per cent as compared to the previous week due to lift in buying interest in the region.

Fibre2Fashion News Desk – India

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