PTA Highlights from 01-15, May 2013
In the beginning of last fortnight, selling offers for PTA prices went up marginally due to optimistic market sentiment from downstream markets. PTA prices surged in global markets due to an increase in feedstock prices coupled with improved demand from the downstream market. In the early second half of last fortnight, selling offers for PTA prices surged due to favourable market fundamental. Selling offers for PTA increased in line with bullish buying sentiment coupled with workable costs of feedstock.
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