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Asian PTA drops last week from bearish demand

23 Nov '15
1 min read

PTA prices dropped in Asia in the last week ended Nov 20 from bearish product demand in the region.

In FE Asia, average prices went down by US$ 10/ton or 1.65 per cent and were assessed at US$ 595/ton in the last week, as compared to its previous week.

In SE Asia, average prices slipped by US$ 10/ton and were quoted at US$ 610/ton in the last week, down 1.16 per cent as against its prior week.

In India, average prices reduced by US$ 5/ton and were spotted at US$ 615/ton in the last week, a decrease of 0.81 per cent vis-à-vis its earlier week.

In China, average prices contracted by US$ 10/ton or 1.65 per cent from its previous week and were offered at US$ 595/ton in the last week.

ALCHEMPro News Desk – India

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