Thursday, January 08, 2009

Price trends of oil, polymer feedstock and commodity polymers in Asia for the week of January 5, 2009

CRUDE OIL
Crude oil ended the week of January 5, 2009 at a higher note. Light, sweet crude for February delivery rose to US$47 on the New York Mercantile Exchange as tensions mounted when Israel amplified a ground offensive against Hamas militants in Gaza.

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