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Asia’s Petrochemical market likely to trade higher this month

Published On 09 Jan 2020 12:42 PM


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The Singapore- Asian markets in the petrochemical sector are likely to trade higher for the next few weeks amid increasing tensions in the Middle East. This comes a week after a US air raid killed Iran's top general and an Iraqi militia leader in Baghdad.

Trade experts and sources claim that the spike in petrochemical and oil prices would be a short-term development. This statement was made barring any escalation of war.

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Tags : Petroleum, Chemicals, Industry, Business, News,
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