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Weak business activity backs lower Asian PTA prices

16 May '17
1 min read

PTA prices plunged in Asia in the last week due to weak business activity in the region.
 
In FE Asia, average prices moved down by US$ 5/ton and quoted at US$ 620/ton in the last week, a drop of 0.80 per cent compared to previous week.
 
In SE Asia, average prices inched lower by US$ 5/ton and assessed US$ 630/ton in the last week, a reduction of 0.79 per cent over the previous week.
 
In China, average prices declined by US$ 10/ton and quoted at US$ 615/ton in the last week, a fall of 1.60 per cent compared to previous week.

Fibre2Fashion News Desk – India

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