Home breadcru News breadcru Petrochemicals breadcru Poor demand drives down Asian PTA prices last week

Poor demand drives down Asian PTA prices last week

18 Jan '16
1 min read

Poor downstream product demand in the region drove down PTA prices in Asia in the last week ended Jan 15.

In FE Asia, average prices reduced by US$ 25/ton or 4.39 per cent and were assessed at US$ 545/ton in the last week, as compared to its previous week.

In SE Asia, average prices descended by US$ 20/ton and were quoted at US$ 555/ton in the last week, down 3.48 per cent as against its prior week.

In India, average prices slipped by US$ 25/ton and were offered at US$ 560/ton in the last week, a decrease of 4.27 per cent vis-à-vis its earlier week.

In China, average prices climbed down by US$ 20/ton or 3.54 per cent from its previous week and were spotted at US$ 545/ton in the last week.

ALCHEMPro News Desk – India

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