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Weak demand drives down US & European PX prices last week

10 Nov '14
1 min read

Weak downstream product prices in the region, drove down PX prices in Europe & US in the last week ending Nov 8.

In Europe, average PX prices were down by US$ 25/ton and were assessed at US$ 970/ton in the last week, down 2.51 percent as compared to its previous week ending Nov 1.

In US too, average PX prices declined by US$ 30/ton or 3.03 percent and were quoted at US$ 960/ton last week versus its previous week.

Fibre2fashion News Desk - India

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