Wednesday, August 04, 2010

Price trends of oil, polymer feedstock and commodity polymers in Asia for the week ended August 2, 2010

CRUDE OIL
Crude oil prices witnessed a marginal rise in Asia to end the week of August 2, 2010 a tad higher at US$79. Oil ended the week on a higher note after the latest gauge of China's manufacturing sector soothed market concerns that Beijing had acted too aggressively in slowing the economy down.

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