Thursday, July 16, 2009

Price trends of oil, polymer feedstock and commodity polymers in Asia for the week ended July 13, 2009

CRUDE OIL
Concerns over the retarded pace of the economic recovery have pulled down oil prices below US$60 at the end the week of July 13, 2009. Increassing unemployment amid the global recession is expected to constrain demand, as stocks in USA remain abundant.

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