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Strong outlook pushes up Asian PTA prices
27
Jun '14
In Asian market, PTA prices increased today on account of bullish sentiments in both upstream as well as downstream markets.

In S E Asian market, selling offers for PTA increased by US$ 20/ton and were offered in the range of US$ 980/ton to US$ 1000/ton whereas in F E Asian market, selling offers for PTA also surged by US$ 20/ton and were quoted at US$ 975/ton.

In the Chinese market, prices of PTA also improved by 2.09 percent as compared to yesterday’s prices.

In Chinese USD market, selling offers for PTA increased by US$ 20/ton and were offered in the range of US$ 970/ton to US$ 975/ton. In Chinese domestic market, selling offers for PTA were offered in the range of RMB 7,450/ton to RMB 7,500/ton.

Fibre2fashion News Desk - India

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