Sun, Sep 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodity Crisis, Market Pulse more

Commodity price crash hurts firms

Posted on 13 November 2008

From Business-standard.com: Companies are stuck with huge inventories. The crash in commodity prices is hurting companies as many are carrying huge inventories of raw material, and in some cases, finished goods made with raw material bought at higher prices.

This is especially true for oil refiners. Typically, oil refiners take 8-10 weeks to purchase, processes and sell the products at retail outlets. But crude prices have come down from $147 a barrel to $62 a barrel……. Full Article: Source


 Article link

This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930