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Asian PTA slips from lower upstream prices on July 8

09 Jul '15
1 min read

PTA prices slipped in Asia on Wednesday (July 8) as buying was poor and driven by lower upstream product prices.

Lower prices of other polyester feedstock too supported the price fall.

In FE Asia, prices were assessed at US$ 655/ton, lower by US$ 30/ton or 4.38 per cent as compared to prices on Tuesday.

In SE Asia, prices were spotted at US$ 675/ton, down by US$ 30/ton or 4.26 per cent as against prices on Tuesday.

In India, prices were offered at US$ 685/ton, also lower by US$ 30/ton or 4.20 per cent from prices on Tuesday.

ALCHEMPro News Desk - India

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