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Dull demand pulls down Asian PTA prices this week
20
Sep '14
In Asian market, selling offers for PTA (Purified Terephthalic Acid) followed downward trend and prices declined, due to dull demand in the week ending Sept 19.

During this week, Asian selling offers for PTA decreased by 2.15% compared to earlier week ending Sept 12.

This week, selling offers for PTA in F E Asian market declined by US$ 20/ton versus its previous week and were quoted in the range of US$ 910/ton to US$ 915/ton.

In S E Asian market, selling offers for PTA too went down by US$ 20/ton from its earlier week and were assessed in the range of US$ 935/ton to US$ 940/ton.

In Indian market also, selling offers for PTA fell by US$ 25/ton vis-à-vis week ending Sept 12 and were offered in the range of US$ 945/ton to US$ 950/ton.

Fibre2fashion News Desk - India

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