Asian PTA prices reduced in the last week ending Nov 8, from bearish buying trend in the region.
In F E Asia, average PTA prices descended by US$ 35/ton or 4.46 percent and were assessed at US$ 750/ton last week, as compared to its previous week ending Nov 1.
In S E Asia too, average PTA prices went down by US$ 35/ton and were quoted at US$ 775/ton last week, down 4.32 from its previous week.
In the Indian market, average PTA prices slipped by US$ 40/ton or 4.88 percent from its previous week and were offered at US$ 780/ton last week.
In China also, average prices dropped US$ 40/ton and were offered at US$ 750/ton last week against its previous week, a decrease of 5.06 percent.
Fibre2fashion News Desk - India