Home breadcru News breadcru Petrochemicals breadcru Mute sentiments drive down Asian PTA last week

Mute sentiments drive down Asian PTA last week

27 Jan '16
1 min read

Mute buying sentiments in the region drove down PTA prices in Asia in the last week ended Jan 22.

In FE Asia, average prices slipped down by US$ 10/ton or 1.83 per cent and were assessed at US$ 535/ton in the last week, as compared to its previous week.

In SE Asia, average prices climbed down by US$ 5/ton and were quoted at US$ 550/ton in the last week, down 0.90 per cent as against its prior week.

In India, average prices contracted by US$ 5/ton and were spotted at US$ 555/ton in the last week, a decrease of 0.89 per cent vis-à-vis its earlier week.

In China, average prices reduced by US$ 15/ton or 2.75 per cent from its previous week and were offered at US$ 530/ton in the last week.

ALCHEMPro News Desk – India

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