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Poor sentiments pull down Europe & US PX prices this week

23 Aug '14
1 min read

Poor buying sentiments and weak downstream demand, led to average PX prices declining by 3.12% in European & US markets this week when compared with the previous week ending August 15.

European PX selling offers fell by US$ 40/ton from last week and stood in the range of US$ 1240/ton to US$ 1245/ton.

Selling offers of PX in US market too declined by US$ 50/ton this week and stood in the range of US$ 1230/ton to US$ 1235/ton.

Fibre2fashion News Desk - India

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