PTA prices plunged in Asia in the last week ended May 29 from bearish buying trends in the region.
In FE Asia, average prices declined by US$ 40/ton or 5.33 per cent and were assessed at US$ 710/ton in the last week, as compared to its previous week.PTA prices plunged in Asia in the last week ended May 29 from bearish buying trends in the region.In FE Asia, average prices declined #
In SE Asia, average prices decreased by US$ 35/ton and were quoted at US$ 730/ton in the last week, down 4.58 per cent from its previous week.
In India, average prices dropped by US$ 40/ton and were offered at US$ 740/ton in the last week, a decrease of 5.13 per cent as against its previous week.
In China, average prices descended by US$ 25/ton or 3.36 per cent from its previous week and were spotted at US$ 720/ton in the last week.
Fibre2fashion News Desk - India