04 October 2012 03:52 [Source: ICIS news]
SINGAPORE (ICIS)--The open-spec naphtha prices in Asia fell on Thursday morning to a two-week low of $927/tonne CFR (cost & freight) ?xml:namespace>
Prices for the first-half November naphtha contract declined by $20/tonne from Wednesday to $926-928/tonne on Thursday morning, according to ICIS data.
NYMEX light sweet crude for November delivery fell by $3.75/bbl from the previous close to $88.14/bbl on Wednesday, undermined by a firmer US dollar as well as weak economic data from
The US dollar received a boost from data showing an improvement in employment and in the
The widely followed Markit Eurozone Composite’s PMI fell to 46.1 in September from 46.3 in August, indicating that the eurozone slipped back into recession in the third quarter.
Additional reporting by James Dennis
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