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Insipid sentiments drive down Asian PTA prices last week

17 Aug '15
1 min read

Insipid market sentiments drove down Asian PTA prices in the last week ended August 14.

In FE Asia, average prices contracted by US$ 15/ton or 2.42 per cent and were assessed at US$ 605/ton in the last week, as compared to its previous week.

In SE Asia, average prices reduced by US$ 15/ton and were quoted at US$ 625/ton in the last week, down 2.34 per cent from its earlier week.

In India, average prices slipped by US$ 20/ton and were offered at US$ 630/ton in the last week, a decrease of 3.08 per cent as against its prior week.

In China, average prices fell by US$ 10/ton or 1.61 per cent from its previous week and were spotted at US$ 610/ton in the last week, down 1.61 per cent.

Fibre2Fashion News Desk – India

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