Home / Knowledge / News / Textiles / PTA Nov average price declines m-o-m in Southeast Asia
PTA Nov average price declines m-o-m in Southeast Asia
07
Dec '13
In Southeast Asia, the average price of purified terephthalic acid (PTA) in November 2013 declined by 3.4 percent compared to the average price in October.
 
The decline was much greater on a year-on-year basis at 9.43 percent, with average PTA price being US$ 995/ton in November 2013, as against average price of US$ 1100/ton in November 2012.
 
In November 2013, the average PTA price in Southeast Asia was US$ 1005/ton in the first fortnight of the month ending November 15, which dropped by 1.25 percent to US$ 990/ton in the second fortnight of the month ending November 30. However, price was assessed at US$ 1005/ton on December 5, 2013.
 
In Far East Asia, the average PTA price in the last fortnight ending November 30 was US$ 985/ton, showing a drop of 1.5 percent compared to the average price of US$ 1000/ton in the previous fortnight ending November 15. On December 5, PTA price was offered at US$ 1000/ton.
 
The average CNF India price of PTA in the last fortnight was US$ 1015/ton, registering a dip of 1.46 percent over the previous fortnight’s average price of US$ 1030/ton. However, PTA price rebounded and was quoted at US$ 1030/ton on December 5, 2013.
 
The decline in PTA prices in Asian markets during November 16-30 fortnight was due to weak demand coupled with poor feedstock price.
 
On the other hand, PTA prices remained stable in the US and European markets at 64 cents/pound and € 930/ton, respectively, during the same fortnight, owing to mute buying sentiment.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 21st Jul 2017

Walmart opens new fulfillment centre in Davenport

Walmart has opened a new e-commerce fulfillment centre in Davenport,...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Giorgio Mantovani
Corman S.p.A

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Madhu Jain
Madhu Jain

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X