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Improved downstream market drives up Asian PTA last week

11 May '15
1 min read

Improved downstream market sentiments drove up Asian PTA prices in the last week ended May 8.

In FE Asia, average prices grew by US$ 40/ton or 5.44 per cent and were assessed at US$ 775/ton in the last week, as compared to its previous week.

In SE Asia, average prices ascended by US$ 35/ton and were quoted at US$ 795/ton in the last week, up 4.61 per cent from its previous week.

In India, average prices climbed by US$ 35/ton and were offered at US$ 800/ton in the last week, an increase of 4.58 per cent as against its previous week.

In China, average prices expanded by US$ 35/ton or 4.76 per cent from its previous week and were spotted at US$ 770/ton in the last week.

Fibre2fashion News Desk - India

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