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Weak upstream price drives down Asian PTA last week

03 Aug '15
1 min read

Weak upstream energy prices in the region drove down Asian PTA prices in the last week ended July 31.

In FE Asia, average prices contracted by US$ 15/ton or 2.31 per cent and were assessed at US$ 635/ton in the last week, as compared to its previous week.

In SE Asia, average prices reduced by US$ 15/ton and were quoted at US$ 655/ton in the last week, a decrease of 2.24 per cent as against its previous week.

In India, average prices reduced by US$ 15/ton and were offered at US$ 665/ton in the last week, down 2.21 per cent from its previous week.

In China, average prices climbed down by US$ 15/ton or 2.31 per cent from its earlier week and were spotted at US$ 635/ton in the last week.

Fibre2Fashion News Desk – India

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