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PX prices surge in US last week on bullish buying

03 Jan '17
1 min read

PX prices went up in US in the last week due to bullish buying trend in the region.

In US, average prices climbed by US$ 5/ton and quoted at US$ 810/ton in the last week, a hike of 0.62 per cent over the previous week.

Meanwhile in Europe, average prices went up due to enhanced upstream energy rates.

In Europe, average prices moved up by US$ 5/ton and assessed at US$ 775/ton in the last week compared to previous week, an improvement of 0.65 per cent.

Fibre2Fashion News Desk – India

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