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Asian PTA trends weaken from decline in upstream prices
08
Jul '14
Today in the Asian market, PTA prices went down due to a drop in upstream raw material prices. 
 
In S E Asian market selling offers for PTA declined by US$ 5/ton and were in the range of US$ 1015/ton to US$ 1020/ton whereas in F E Asian market, selling offers for PTA also declined by US$ 5/ton and were offered  at US$ 995/ton.
 
In the Chinese USD market, prices of PTA also went down compared to yesterday’s closing and were in the range of US$ 990/ton to US$ 995/ton. 
 
In Chinese domestic market, selling offers for PTA too declined and were in the range of RMB 7,300/ton to RMB 7,350/ton.
 

Fibre2fashion News Desk - India


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