During the last fortnight price of PTA increased with slow and steady pace. During the entire last fortnight PTA remained almost unaffected with the price fluctuation in the lackluster feedstock market. In European market price of PTA was firm as the Artenius unit at Wilton remained down and it wasn’t expected to restart before several weeks. Few Speculators believed that market bottomed out, but still was not willing to sell goods at lower price. Sellers maintained their wait and watch stance as they were aware of relatively limited supply.