PTA supplies are tight and none of the plants are carrying stocks, but still the reverse trend in prices of PTA and PX has come out after days of marching northwards.
Today PTA dropped to RMB 6,618 per ton in the Chinese domestic markets. Earlier in morning trades PTA was quoted at RMB 7,000 per ton.
Paraxylene prices also fell by US $5 per ton to $1,017 per ton in South Korean market. In European markets PX price was stable at $885 per ton in Rotterdam market.
Fibre2fashion News Desk - India
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