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Asian PTA grows on Mon & Tue from hike in upstream prices

04 Mar '15
1 min read

Asian PTA prices grew on Monday (March 2) and also on Tuesday (March 3) this week from higher prices of other polyester feedstock coupled with increase in upstream product prices.

In F E Asia, prices were seen at US$ 635/ton on Monday, higher by US$ 20/ton as compared to the prices at the end of the last week.

They rose by US$ 15/ton on Tuesday and were assessed at US$ 650/ton.

In S E Asia, prices were witnessed at US$ 660/ton on Monday, also higher by US$ 20/ton as against prices at the end of the last week.

They also ascended by US$ 10/ton on Tuesday and were spotted at US$ 670/ton.

In India, prices showed similar trend and were offered at US$ 670/ton on Monday, up by US$ 20/ton from prices at the end of last week.

Prices again went up by US$ 15/ton on Tuesday and were quoted at US$ 685/ton.

Fibre2fashion News Desk - India

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