Hike in upstream product prices coupled with increase in prices of other polyester feedstock in the region led to Asian PTA prices rising in this week ending Jan 23.
In F E Asia, prices which were assessed at US$ 570/ton on Monday (Jan 19), went up by 1.75 per cent during the week and were seen at US$ 580/ton on Jan 23.Hike in upstream product prices coupled with increase in prices of other polyester feedstock in the region led to Asian PTA prices rising in this week#
In S E Asia, prices which were spotted at US$ 590/ton on Monday, grew by 2.54 per cent during the week and were witnessed at US$ 605/ton on Jan 23.
In India, prices which were at US$ 595/ton on Jan 19 increased by 2.52 per cent during the week and were offered at US$ 610/ton on Jan 23.
Fibre2fashion News Desk - India