Energy complex is fuelling upturn

June 2007
ICIS Chemical Business;6/25/2007, Vol. 2 Issue 72, p55
Trade Publication
The article reports on the world economic activity of the chemical industry. In Europe, its market are largely subdued by the contract negotiations on naphtha which cargoes succeeded at $655-656 per ton and its prices for propylene has decreased at 900 per ton. While U.S. brent crude prices has reached at $71.07 per barrel which was their highest level since 1998. As for Asian market, prices are dropping at $1,000-2,000 per ton with bids at $960-980 per ton.


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