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PX prices down in Europe but up in US last week

10 Nov '15
1 min read

PX prices went down in Europe in the last week ended Nov 6 due to bearish product demand in the region.

However, due to optimistic market fundamentals, average prices went up in the US.

In Europe, average prices fell by US$ 5/ton or 0.69 per cent and were assessed at US$ 720/ton in the last week, as compared to its previous week.

In US, average prices rose by US$ 10/ton and were quoted at US$ 800/ton in the last week, up 1.27 per cent as against its prior week.

Fibre2Fashion News Desk – India

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