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PX prices jump in Europe last week

04 Sep '18
1 min read

PX prices sharply gained in Europe in the last week due to firmer upstream energy values along with strong market sentiments in the region.
 
In Europe, average prices marched higher by US$ 95/ton and quoted at US$ 1235/ton in the last week, a hike of 8.33 per cent over the previous week.
 
Meanwhile in US, average prices advanced by US$ 110/ton and recorded at US$ 1295/ton in the last week, registering a lift of 9.28 per cent as compared to the previous week due to bullish cues from the European region.

Fibre2Fashion News Desk – India

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