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Strong outlook pushes up Asian PTA trends this week
05 Jul '14
1 min read
Selling offers for Purified Terephthalic Acid (PTA) followed strong outlook and prices surged in Asian market due to firm buying sentiments in this week.
During this week ending July 4, Asian selling offers for PTA increased by around 3% compared to the earlier week ending June 28.
In F E Asian market, selling offers for PTA rose by US$ 30/ton when compared to the previous week and were in the average range of US$ 995/ton to US$ 1000/ton.
In S E Asian market, selling offers for PTA also went up by US$ 30/ton and were in the average range of US$ 1030/ton to US$ 1035/ton.
Fibre2fashion News Desk - India
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