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Poor energy market pulls down Asian PTA prices this week

13 Sep '14
1 min read

PTA prices in the Asian market fell this week from weak feedstock values coupled with poor energy market from its previous week.

In F E Asian market, prices went down by 3.65% and were assessed in the range of US$ 935/ton to US$ 940/ton in the week ending Sept 12, compared to US$ 960/ton to US$ 965/ton in the previous week ending Sept 6.

In S E Asia, prices fell by 3.55% and were quoted in the range of US$ 960/ton to US$ 965/ton this week against US$ 985/ton to US$ 990/ton in its previous week.

In Indian market, prices too declined by 3.52% and were offered in the range of US$ 970/ton to US$ 975/ton this week vis-à-vis US$ 995/ton to US$ 1000/ton in week ending Sept 6.

Fibre2fashion News Desk - India

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