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Within a short span in early March, benchmark PTA prices across major Asian trading routes recorded dramatic gains, signalling a sudden supply shock across the polyester value chain.
PTA prices across Asia moved sharply higher in just over a week, reflecting tightening supply and strong buying activity. The most dramatic spike occurred in India’s import market, where prices jumped nearly ** per cent in a matter of days as buyers scrambled to secure cargoes amid tightening availability.
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