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

Courtesy: ABARES

Textiles | On 13th Dec 2017

Australian cotton production to grow 4% in 2017-18: ABARES

Cotton production in Australia is forecast to rise by 4 per cent to...

Global economy now growing by about 3%: UN

Textiles | On 13th Dec 2017

Global economy now growing by about 3%: UN

There is an upturn in the global economy, and it is now growing by...

Clothing prices rise 3% in November in UK market

Apparel/Garments | On 13th Dec 2017

Clothing prices rise 3% in November in UK market

As post-Brexit referendum currency adjustment continues, prices of...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

December 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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

Yes No

Active Poll

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

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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

Yes No

Active Poll

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

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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

Active Poll

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

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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