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PX prices diminish in US last week

23 Oct '18
1 min read

PX prices slipped in US in the last week due to poor market fundamentals in the region.
 
In the US, average prices slumped by US$ 40/ton and finalised at US$ 1,225/ton in the past week over the previous week, a reduction of 3.16 per cent.
 
In Europe, average prices marched lower by US$ 40/ton and settled at US$ 1,190/ton in the former week, a decrement of 3.25 per cent over US$ 1,230/ton at the end of the previous week due to weak demand for the product in the region.

Fibre2Fashion News Desk – India

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