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Weak upstream prices drive down Asian PTA last week

20 Jul '15
1 min read

Weak upstream product prices in the region drove down PTA prices in Asia in the last week ended July 17.

In FE Asia, average prices decreased by US$ 10/ton or 1.49 per cent and were assessed at US$ 660/ton in the last week, as compared to its previous week.

In SE Asia, average prices dipped by US$ 10/ton and were quoted at US$ 680/ton in the last week, down 1.45 per cent from its previous week.

In India, average prices declined by US$ 10/ton and were offered at US$ 690/ton in the last week, a decrease of 1.43 per cent as against its previous week.

In China, average prices dropped by US$ 20/ton or 2.96 per cent from its previous week and were spotted at US$ 655/ton in the last week.

Fibre2Fashion News Desk - India

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