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Asian PTA trends down from low demand on Wed

16 Oct '14
1 min read

Sluggish downstream demand in the region and lower upstream product prices led to Purified terephthalic acid (PTA) prices going down in Asia yesterday (Oct 15).

In F E Asia, PTA prices were assessed at US$ 765/ton yesterday, lower by US$ 15/ton as compared to US$ 780/ton on Oct 14.

In S E Asia, PTA prices were spotted at US$ 790/ton on Wednesday, down by US$ 15/ton vis-à-vis prices on Tuesday.

In India, prices showed similar trend and were offered at US$ 800/ton yesterday.

Fibre2fashion News Desk - India

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