PX prices surge in US last week on bullish buying

PX prices went up in US in the last week due to bullish buying trend in the region.

In US, average prices climbed by US$ 5/ton and quoted at US$ 810/ton in the last week, a hike of 0.62 per cent over the previous week.

Meanwhile in Europe, average prices went up due to enhanced upstream energy rates.

In Europe, average prices moved up by US$ 5/ton and assessed at US$ 775/ton in the last week compared to previous week, an improvement of 0.65 per cent.

ALCHEMPro News Desk – India