PX prices increase in US due to strong market sentiments

PX prices moved up in US in the last week due to strong market sentiments in the region.

In US, average prices enhanced by US$ 30/ton and quoted at US$ 855/ton in the last week, a hike of 3.64 per cent over the previous week.

Meanwhile in Europe, average prices surged by US$ 15/ton and quoted at US$ 810/ton, an increase of 1.89 per cent as compared to previous week due to optimistic market fundamentals.

ALCHEMPro News Desk – India