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Bearish buying yesterday pulls down Asian PTA prices

02 Oct '14
1 min read

Bearish buying sentiments in the region pulled down PTA prices in Asia on Wednesday (1st Oct).

In F E Asia, prices went down by US$ 5/ton or 0.56 percent and were assessed at US$ 890/ton on Wednesday, as compared to Tuesday.

In S E Asia, prices fell by US$ 5/ton or 0.54 percent and were offered at US$ 915/ton on 1st Oct against those prevailing on 30th Sept.

In the Chinese market, PTA prices too declined and were quoted in the range of US$ 885-890/ton on Wednesday versus US$ 890-895/ton on Tuesday.

Fibre2fashion News Desk - India

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