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Asian PTA drops due to ample availability last week

09 Dec '14
1 min read

Asian PTA prices dropped in the last week ending Dec 6, due to ample of product availability in the region.

In FE Asia, average prices reduced by US$ 30/ton or 3.97 per cent and were assessed at US$ 725/ton last week, as compared to its previous week ending Nov 29.

In SE Asia, average prices too dipped by US$ 30/ton and were offered at US$ 750/ton last week, down 3.85 per cent as against its previous week.

In the Indian market also, average prices decreased by US$ 30/ton or 3.82 per cent from its previous week and were quoted at US$ 755/ton last week.

In China, average PTA prices slipped higher by US$ 40/ton and were spotted at US$ 725/ton last week from its previous week, a decline of 5.23 per cent.

Fibre2fashion News Desk - India

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