Home breadcru News breadcru Petrochemicals breadcru Strong outlook pushes up Asian PTA prices

Strong outlook pushes up Asian PTA prices

27 Jun '14
1 min read

In Asian market, PTA prices increased today on account of bullish sentiments in both upstream as well as downstream markets.

In S E Asian market, selling offers for PTA increased by US$ 20/ton and were offered in the range of US$ 980/ton to US$ 1000/ton whereas in F E Asian market, selling offers for PTA also surged by US$ 20/ton and were quoted at US$ 975/ton.

In the Chinese market, prices of PTA also improved by 2.09 percent as compared to yesterday’s prices.

In Chinese USD market, selling offers for PTA increased by US$ 20/ton and were offered in the range of US$ 970/ton to US$ 975/ton. In Chinese domestic market, selling offers for PTA were offered in the range of RMB 7,450/ton to RMB 7,500/ton.

Fibre2fashion News Desk - India

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