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Weak downstream drives down Asian PTA on Nov 11

12 Nov '14
1 min read

Weak downstream product prices in the region drove down Asian PTA prices on Tuesday, 11th Nov.

In F E Asia, PTA prices declined by US$ 5/ton or 0.65 percent and were assessed at US$ 765/ton on Tuesday, as compared to Monday (10th Nov).

In S E Asia too, prices fell by US$ 5/ton and were quoted at US$ 790/ton on 11th Nov, down 0.63 percent from 10th Nov.

In the Indian market, prices also dipped by US$ 5/ton and were offered at US$ 795/ton on Tuesday versus Monday, a decline of 0.62 percent.

Fibre2fashion News Desk - India

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