Wednesday, October 28, 2009

Price trends of oil, polymer feedstock and commodity polymers in Asia for the week ended October 26, 2009

CRUDE OIL
US crude for December delivery ended the week October 26, 2009 at US$80.50, while Brent crude slipped to US$78.92. Oil prices dipped from US$82 peaked midweek as the US dollar strengthened in comparison with other currencies and doubts over the pace of economic recovery halted oil’s recent rally.

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