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Steep fall in Asian PTA prices yesterday from low demand

14 Oct '14
1 min read

PTA prices fell steeply in Asia on Monday (13th Oct), due to sluggish demand of the product in the region.

In F E Asia, prices went down by US$ 45/ton and were quoted at US$ 775/ton on Monday, as compared to last Friday (10th Oct), a decrease of 5.49 percent.

In S E Asia too, prices declined by US$ 45/ton or down 5.33 percent from 10th Oct and were offered at US$ 800/ton on 13th Oct.

In India, PTA prices also fell by US$ 45/ton and were assessed at US$ 810/ton on Monday, as compared to last Friday, or down 5.26 percent.

Fibre2fashion News Desk - India

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