Asian PTA prices fluctuate in narrow range this week

31 Jan '15
1 min read

Asian PTA prices fluctuated in a narrow range during the current week ending Jan 30; however, they declined steeply in India during the week.

In F E Asia, prices were assessed at US$ 580/ton on Monday, which went down on Tuesday to US$ 575/ton, but again went up to US$ 580/ton on Wednesday due to higher upstream product prices in the region.

Prices showed marginal decline on Thursday and came down to US$ 575/ton which remained stable at this level on Friday (Jan 30).

In S E Asia, prices showed similar trend and were assessed at US$ 605/ton on Monday, while they were quoted at US$ 595/ton on Friday after marginal ups and downs during the week.

In India, prices slipped by 5.74 per cent during the week and were quoted at US$ 575/ton on Friday.

Fibre2fashion News Desk - India

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