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PX prices decline in Asia & US last week

13 Oct '14
1 min read

PX prices declined in Asia in the just ended week ending Oct 10, due to bearish buying sentiments in the region.

US PX prices too decreased last week, due to weak product demand in the region.

In Korea, average prices went down by US$ 45/ton and were assessed at US$ 1145/ton last week, as compared to its previous week, a decrease of 3.78 percent.

In S E Asia, average prices too fell by US$ 45/ton or 3.72 percent and were quoted at US$ 1165/ton last week against its previous week.

In the US also, average prices went down by US$ 50/ton or down 4.24 percent from its previous week and were offered at US$ 1130/ton last week. (AR)

Fibre2fashion News Desk - India

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