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

Poor demand drive down Asian PTA prices last week

02 Nov '15
1 min read

Poor downstream product demand in the region drove down PTA prices in Asia in the last week ended Oct 30.

In FE Asia, average prices slipped by US$ 10/ton or 1.65 per cent and were assessed at US$ 595/ton in the last week, as compared to its previous week.

In SE Asia, average prices contracted by US$ 5/ton and were quoted at US$ 610/ton in the last week, down 0.81 per cent as against its prior week.

In China, average prices dipped by US$ 5/ton and were offered at US$ 595/ton in the last week, a decrease of 0.83 per cent vis-à-vis its earlier week.

ALCHEMPro News Desk – India

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