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

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Paolo Ocleppo
Sandvik Hyperion

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

Urs Stalder
Sanitized AG

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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