17 July 2009 11:00 [Source: ICIS news]
SINGAPORE (ICIS news)--Here is Thursday’s end of day Asian oil and chemical market summary from ICIS pricing.
CRUDE: August WTI $61.63/bbl down 39 cents September BRENT $63.22/bbl down 53 cents
Crude futures continued to weaken through Friday afternoon’s trade on a growing pessimism on economic recovery coupled with a stronger dollar.
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NAPHTHA: Asian naphtha prices closed firmer Friday. First half September price indications were pegged at $553.50-554.50/tonne CFR (cost and freight) Japan, second half September at $552.50-553.50/tonne CFR Japan and first half October at $551.50-552.50/tonne CFR Japan.
BENZENE: Prices slipped to $850-865/tonne FOB (free on board)
TOLUENE: Trading was active with deals for second half August and September loading confirmed at $762/tonne FOB
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