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Asian PTA dips slightly on Feb 5 from upstream price fall
06 Feb '15
1 min read
PTA prices dipped marginally in Asia on Thursday (Feb 5) from fall in upstream product prices in the region. Ample product availability and sluggish downstream demand supported the price decline.
In F E Asia, prices were quoted at US$ 585/ton on Thursday, lower by US$ 5/ton as compared to prices on Wednesday.
In S E Asia, prices were assessed at US$ 605/ton on Feb 5, also down by US$ 5/ton as against prices on Feb 4.
In India, prices showed similar trend and were spotted at US$ 585/ton on Thursday also lower by 0.85 per cent from prices on Wednesday.
Fibre2fashion News Desk - India
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