Thursday, May 20, 2010

Sliding Euro could dampen demand for petrochemicals: exports from Middle east to be impacted

Despite announcement of a US$1 trillion (Dh3.67tn) aid package to contain a sovereign debt crisis, the euro is at its lowest level since September 2008. The crisis in Europe is leading to the euro’s sslide against the US dollar and is likely to impact Gulf industrial exports to the EU, particularly for metals and petrochemicals.

For more details on Sliding Euro could dampen demand for petrochemicals: exports from Middle east to be impacted click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: