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PX prices shrink sharply in US last week
12 Jun '18
1 min read
PX prices witnessed a sharp fall in the US in the past week due to bearish buying trends in the region.
In US, average prices marched lower by US$ 50/ton and finalized at US$ 950/ton in the last week, a sharp drop of 5.00 per cent as compared to the previous week.
Meanwhile in Europe, average prices decreased by US$ 15/ton and secured at US$ 930/ton in the last week, showing a decrement of 1.59 per cent over the previous week due to pessimistic buying indications in the region.
Fibre2Fashion News Desk – India
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