Demand in the Fiber Intermediates market is weak and prices continue to fall. PTA prices are down to a low of USD 430 - 435 per metric ton. Caprolactam prices saw a sharp fall in the last one-month and decline further down. ACN prices remained stable around USD 650 - 660 per metric ton. On the Manufactured fiber sector, prices remained stable at last weeks level.
Demand is still inadequate and prices are weak.
For the latest prices and trends around the world for all major products, Subscribe to the YnFx Price Watch Report. Pakistan, trading improves on cotton market. Cotton market passed through another improved trading session as ginners held on to their positions anticipating further increase in prices. A considerable decline in the ready business as compared to the last couple of sessions reflects that ginners have decided US eyes end to cap On African clothing. The US congress is eyeing an end to limits on the quantity of clothing that African countries can export to the US duty free, if they are made in Africa.