Home / Knowledge / News / Textiles / PX trends dip, PTA range bound between April 15-30
PX trends dip, PTA range bound between April 15-30
May '12
In the period between April 15 and 30, selling offers for paraxylene (PX) declined and those of Purified Terephthalic Acid (PTA), remained range bound.

In the period between April 15 and 30, selling offers for paraxylene (PX) declined.

In the first week of the fortnight, PX market opened with a firm reaction but gradually declined.

PX prices in Asian market slipped due to poor support from downstream demand. In the second half of the fortnight, selling offers for PX remained sluggish.

In European market, selling offers for PX declined due to price fall, attributed to dull regional buying trends and soft downstream demand.

In the early part of the fortnight, selling offers for PTA opened with firm sentiment as sellers were keen for price hike.

Suppliers preferred to hold goods over selling at cheaper rate with thin profit margin.

Speculators mainly blamed gain in upstream market and support of downstream market, for PTA prices firming up.

In the second week, PTA price continued to remain range bound.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Apparel/Garments | On 20th Jan 2017

Nine West acquiring womenswear marketer Kasper Group

US based footwear, accessories and denim company Nine West Holdings...

Interviews View All

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search