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European PX prices down last week from sluggish sentiments
Sep '14
Sluggish buying sentiments and lower prices of downstream products in the region, pulled down average PX prices, which declined by 2.46% week-on-week in European markets last week.

European selling offers of PX went down by 30/ton last week ending August 30 and stood in the range of US$ 1200/ton to US$ 1225/ton.

PX prices also declined in US market during the week when compared to its previous week ending August 23, mainly due to poor downstream demand in the region.

US PX prices were quoted in the range of US$ 1260-1275/ton last week as compared to US$ 1285/ton to US$ 1305/ton in its previous week.

Fibre2fashion News Desk - India

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