Home breadcru News breadcru Petrochemicals breadcru Mute buying drives down Asian PTA prices last week

Mute buying drives down Asian PTA prices last week

21 Dec '15
1 min read

Mute buying sentiments in the region drove down PTA prices in Asia in the last week ended Dec 18.

In FE Asia, average prices contracted by US$ 15/ton or 2.61 per cent and were assessed at US$ 560/ton in the last week, as compared to its previous week.

In SE Asia, average prices reduced by US$ 15/ton and were quoted at US$ 580/ton in the last week, down 2.52 per cent as against its prior week.

In India, average prices climbed down by US$ 15/ton and were offered at US$ 585/ton in the last week, a decrease of 2.50 per cent vis-à-vis its earlier week.

In China, average prices descended by US$ 20/ton or 3.45 per cent from its previous week and were spotted at US$ 560/ton in the last week.

ALCHEMPro News Desk – India

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