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Why Analysts Don’t See Costlier Feedstock Worrying Firms
Prices of natural gas, naphtha, bitumen and gas oil have risen in the past three months.
15 Dec 2020, 11:28 AM IST
Users of industrial fuels may see a limited impact on their margin as analysts expect a recovery in demand to offset a rise in prices of feedstock.The prices of natural gas and most petroleum feedstock products such as naphtha, bitumen and gas oil have risen 7-16% in the past three months, according to Bloomberg data. That came as Brent crude price surged more than 23% during the period. Besides, OPEC’s decision to modestly raise out...
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