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Bullish buying sentiments push up European & US PX prices
21
Jun '14
Average PX prices increased by 2.90% in European & US markets during this week when compared with the previous week ending June 7, due to bullish buying sentiments and improved downstream demand. 
 
European selling offers of PX increased by 35/ton match up in this week and stood in the range of US$ 1235/ton to US$ 1240/ton.  
 
PX prices also increased by 4.22% in US market during this week when compared to the previous week mainly, due to improved downstream demand in the region. 
 
In US market, selling offers of PX increased by 50/ton this week and stood in the range of US$ 1230/ton to US$ 1235/ton. 
 

Fibre2fashion News Desk - India

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