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Asian PTA prices drop yesterday from bearish sentiments

23 Sep '14
1 min read

Weak market fundamentals coupled with bearish buying sentiments, pulled down PTA prices in Asian countries on Monday (22nd Sept).

In F E Asian market, PTA prices dropped 1.67 percent or US$ 15/ton on 22nd Sept, when compared to 20th Sept and were quoted at US$ 885/ton.

In S E Asia, prices also slipped 1.66 percent or US$ 15/ton yesterday versus 20th Sept and were offered at US$ 910/ton.

In Indian market too, PTA prices went down by US$ 15/ton or 1.60 percent and were assessed at US$ 920/ton.

Fibre2fashion News Desk - India

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