TITLE

CHEMICALS SECTOR WELCOMES FALL IN GAS PRICES

AUTHOR(S)
Gibson, Jane; Vasnetsov, Sergey
PUB. DATE
October 2006
SOURCE
ICIS Chemical Business;10/16/2006, Vol. 1 Issue 39, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the positive reaction of the chemical industry to the decline in natural gas prices. The recent slide in the natural gas price and futures contract market for the end of 2006 and 2007 suggests that relief may be in sight for U.S. producers across the chemical spectrum. As of late September 2006, NYMEX suggests that natural gas prices will average about $6/m Btu in the fourth quarter of 2006, lower than previous expectation.
ACCESSION #
22959421

 

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