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PTA prices march lower in Asia last week

07
Nov '16
PTA prices moved down in Asia in the last week due to bearish buying trend in the market.
 
In FE Asia, average prices went down by US$ 5/ton and assessed at US$ 605/ton in the last week, a drop of 0.82 per cent over the price prevailing at the end of the previous week.
 
In SE Asia, average prices decreased by US$ 10/ton to US$ 615/ton in the last week, as compared to previous week, after a fall of 1.60 per cent.
 
In India, average prices plunged by US$ 10/ton and quoted at US$ 620/ton in the last week, as compared to previous week, a reduction of 1.59 per cent.
 
In China, average prices declined by US$ 5/ton and assessed at US$ 605/ton in the last week, registering a decrease of 0.82 per cent from the previous week.

Fibre2Fashion News Desk – India


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