cw price report

November 2008
Chemical Week;11/17/2008, Vol. 170 Issue 35, p37
Trade Publication
The article reports on the stability in the global petrochemical markets in November 2008. Sellers say spot prices are mixed but the magnitude of the up and down changes has shrunk. However, it is observed that contract markets remain in turmoil, with sharp month-on-month changes and negotiations dragging out. West Texas Intermediate crude oil prices have dropped $1.50 per barrel (bbl) to $62.41/bbl, while Brent crude fell farther below the benchmark of $60/bbl, dropping $3.11/bbl to $56.08/bbl.


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