IRCo's DCP shed 4.57 US cents/kg. during the week under review breaking the US $ 3.00/kg. level for the first time after four weeks as supply improved in Thailand, the world's leading producer, and sellers pressured to reduce prices.
Overall sentiment was weak with mixed economic and financial indicators, especially from the western economies.
The equity markets went into negative territories whilst crude oil managed to hold steady above US $ 76 per barrel for most of the week. Regional currencies were steady against the greenback whilst the Japanese yen continued to strengthen.
(irco.biz)
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