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Lower upstream prices lead to fall in European PX trends
16
Oct '14
Lower upstream energy prices coupled with fall in PX prices in Asia, led to European trends dropping yesterday (Oct 15).

Sluggish demand for downstream products too supported the decline in prices.

Prices were assessed at US$ 1050/ton on Oct 15, down by US$ 10/ton as compared to US$ 1060/ton on Oct 14.

Prices stayed stable in US on Oct 14 at US$ 1065-1070/ton against those prevailing on Oct 13.

Fibre2fashion News Desk - India

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