PX prices plunged in US in the last week due to bearish buying sentiments in the region.
In US, average prices reduced by US$ 10/ton and quoted at US$ 850/ton in the last week, a fall of 1.16 per cent over the previous week.
Meanwhile in Europe, average prices moved down by US$ 5/ton and quoted at US$ 820/ton, a drop of 0.61 per cent as compared to previous week due to pessimistic market fundamentals in the region.
Fibre2Fashion News Desk – India