Saturday, August 04, 2007

Polymer price watch, 27 July 2007

Crude oil remained firm for the week ending 27 July, at over US$75 a barrel with supplies not being restored completely in Nigeria and high demand in the summer driving season. London Brent crude, settled at US$75.80 a barrel while New York Light sweet closed at US$ 74.88 a barrel. Naphtha prices declined from US$ 5-28 a ton on declining crude oil prices in the week ending 27 July.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10616&P=P

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