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Asian PTA prices reduce last week due to bearish trends
10
Nov '14
Asian PTA prices reduced in the last week ending Nov 8, from bearish buying trend in the region.

In F E Asia, average PTA prices descended by US$ 35/ton or 4.46 percent and were assessed at US$ 750/ton last week, as compared to its previous week ending Nov 1.

In S E Asia too, average PTA prices went down by US$ 35/ton and were quoted at US$ 775/ton last week, down 4.32 from its previous week.

In the Indian market, average PTA prices slipped by US$ 40/ton or 4.88 percent from its previous week and were offered at US$ 780/ton last week.

In China also, average prices dropped US$ 40/ton and were offered at US$ 750/ton last week against its previous week, a decrease of 5.06 percent.

Fibre2fashion News Desk - India

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