PTA gains fade as downstream buyers push back on higher costs
Duty relief in India has eased pressure, but the market remains in a cost-demand standoff, signalling a potential sideways to soft correction phase. The PTA prices are stable from last two days, market showed a clear week-on-week recovery between April * and April ** across all major regions, indicating a short-term bullish phase after an earlier dip. Prices rebounded consistently,…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
