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Asian PX prices slip on Jan 5 from poor downstream demand

06 Jan '15
1 min read

PX prices slipped in Asia on Monday (Jan 5) mainly due to fall in upstream energy prices and poor downstream demand in the region.

Lower prices of upstream and downstream products supported the price decline.

In Korea, prices were spotted at US$ 810/ton on Monday, lower by US$ 25/ton as compared to prices at end of last week.

In S E Asia, prices were assessed at US$ 830/ton, down by US$ 30/ton as against prices at end of previous week.

Fibre2fashion News Desk - India

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