Friday, October 03, 2008

Price trends of oil, polymer feedstock and commodity polymers in Asia for the week of September 29, 2008

CRUDE OIL
Crude oil prices jumped up to US$108 per barrel in New York for November delivery, and to US$104.6 in London in the week of September 29, 2008. This rise was triggered in anticipation that a US$700 bln financial bailout plan will be adopted by the Congress.

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