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(ICIS) -- Chemical stock prices plunged on
Tuesday, closing much lower for several North American companies as unrest
continued in Libya.
Dow Chemical closed at $37.16/share, down 3.6%, and DuPont closed at
$54.38/share, down 2.9%. LyondellBasell closed at $35.84/share, down 5.6% from
Friday. US markets were closed on Monday for a holiday.
Spot ethylene offers were heard at 51.00 cents/lb, up from offers at
49.50 cents/lb. Refinery-grade propylene (RGP) was bid at 59.00 cents/lb with no
offers. Last week, RGP traded at 62.00-65.00 cents/lb.
In Libya, leader Muammar Qaddafi vowed to continue fighting instead of
stepping down, according to the Financial Times.
mrcplast.com
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