Home / Knowledge / News / Textiles / PTA prices drop in Asian markets last fortnight
PTA prices drop in Asian markets last fortnight
Nov '13
The prices of Purified Terephthalic Acid (PTA) declined in Asian markets during the fortnight ending October 31, 2013, due to bearish upstream energy value coupled with poor demand in the region and ample product availability, whereas they remained stable in Europe and the US due to muted buying sentiment.
In Far East Asia, average PTA price dropped by 4.29 percent to US$ 1005/ton in the last fortnight ending October 31, compared to average price of US$ 1050/ton in the previous fortnight ending October 15.
In Southeast Asia, average price of PTA was assessed at US$ 1010/ton in the last fortnight ending October 31, which was 4.27 percent lower compared to the previous fortnight.
In Indian market, PTA prices showed similar trend and the average price was assessed at US$ 1035/ton CNF India, as compared to the average price of US$ 1080/ton in the previous fortnight.
PTA prices remained stable in Europe and US at € 930/ton FD NWE and 64.00 cents/pound FOB US, respectively, during the fortnight ending October 31.
On November 7, 2013, PTA prices were assessed at US$ 1000/ton in Far East Asia, US$ 1005/ton in Southeast Asia and US$ 1030/ton in India.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search