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Firm energy market pushes up PX global prices

13 Jun '14
1 min read

Firm energy market pushed up prices of PX across all major global markets yesterday. 

In Asia, PX prices increased on Thursday, due to limited product availability in the region. PX offers rose yesterday by US$ 15/ton in the F E Asian market and were offered in the range of US$ 1270/ton to US$ 1275/ton.

In the Taiwan USD market, selling offers for PX too hiked by US$ 15/ton on Thursday and were offered in the range of US$ 1290/ton to US$ 1295/ton.

In European market too, selling offers for PX increased yesterday due to strong buying sentiments and were offered in the range of US$ 1200/ton to US$ 1205/ton. 

In US market, selling offers for PX went up by US$ 5/ton due to firm energy market and were offered in the range of US$ 1190/ton to US$ 1195/ton. 

Fibre2fashion News Desk - India

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