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Asian PX prices decline this week from bearish buying

13 Sep '14
1 min read

PX prices declined in Asian market this week from bearish buying activity in the region.

In the Korean market, prices went down by 1.59% and were assessed in the range of US$ 1235/ton to US$ 1240/ton in the week ending Sept 12, compared to US$ 1255/ton to US$ 1260/ton in the previous week ending Sept 6.

In S E Asian market, PX prices fell by 1.17% and were quoted in the range of US$ 1250/ton to US$ 1255/ton this week against US$ 1280/ton to US$ 1285/ton in its previous week.

In Taiwan, prices too decreased and were offered in the range of US$ 1245/ton to US$ 1250/ton this week vis-à-vis US$ 1280/ton to US$ 1285/ton in the week ending Sept 6.

Fibre2fashion News Desk - India

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