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PTA prices continue on upward trend in Asia

01 Jul '14
1 min read

Purified Terephthalic Acid (PTA) prices increased in Asia yesterday due to higher upstream product prices.

Prices were assessed at US$ 1000/ton in F E Asia, higher by US$ 5/ton as compared to US$ 995/ton on June 28.

Prices showed similar trend in S E Asia and were assessed at US$ 1025/ton as compared to US$ 1020/ton on Saturday.

In India too, prices rose by US$ 5/ton to US$ 1035/ton yesterday from US$ 1030/ton on Saturday.

Comparatively, at the beginning of the last week ending June 28, prices were at US$ 955/ton, US$ 980/ton and US$ 985/ton respectively in F E Asia, S E Asia and India.

Fibre2fashion News Desk - India

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