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European & US PX trends drive up this week
24 Jan '15
1 min read
PX prices drove up in Europe and US during this week due to higher upstream energy prices coupled with increase in PX prices in Asia.
In Europe, prices which were quoted at US$ 680/ton on Monday (Jan 19), surged by 5.15 per cent during the week and were assessed at US$ 715/ton on Jan 22.
In US, prices showed similar trend and which were assessed at US$ 680-685/ton on Monday were offered in the range of US$ 725-730/ton on Jan 21.
In Europe, prices which were quoted at US$ 680/ton on Monday (Jan 19), surged by 5.15 per cent during the week and were assessed at US$ 715/ton on Jan 22.
In US, prices showed similar trend and which were assessed at US$ 680-685/ton on Monday were offered in the range of US$ 725-730/ton on Jan 21.
Fibre2fashion News Desk - India
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