Will the price push fizzle out?

Baker, John
May 2006
ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p5
Trade Publication
The article focuses on the impact of oil price increases on global economic growth. Naphtha prices had increased from $500 per tonne in mid-February 2006 to $650 per tonne in May. DSM posted an increase of 13 percent in operating earnings for the first quarter while the earnings of BASF were up 19 percent. Margins are likely to decline very rapidly as a result of price hikes.


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