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PX prices in US plunge due to unfavorable market

05 Jul '17
1 min read

PX prices went down in US in the last week due to unfavorable market fundamentals in the region.
 
In US, average prices stepped down by US$ 5/ton and assessed at US$ 735/ton in the last week, a decrease of 0.68 per cent over the previous week.
 
Meanwhile, in Europe average prices improved by US$ 5/ton and quoted at US$ 705/ton in the last week, a rise of 0.71 per cent over the previous week due to tight supply of product in the region.

Fibre2Fashion News Desk – India

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