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Asian PTA prices decline from weak feedstock trends
04
Sep '14
Weak feedstock prices coupled with poor demand led to Purified Terephthalic Acid (PTA) prices falling down in Asian market yesterday.

In F E Asian market, PTA prices fell by US$ 5/ton or 0.51 percent on Sept 3, when compared to Sept 2 and were offered at US$ 970/ton.

In S E Asian market too, prices dipped by US$ 5/ton or 0.50 percent again on Wednesday from Tuesday and were quoted at US$ 995/ton.

In the Chinese market also, PTA prices again declined by US$ 5/ton and were assessed at US$ 970/ton. (AR)

Fibre2fashion News Desk - India

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