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U.S. chemical prices continued to rise in February, according to data from the Labor Department. The government data show the producer price index for all chemicals increasing 0.7% from the previous month and 9.8% from February 2005 to 204.6 (1982 = 100). Meanwhile, the increase for basic chemicals was even greater. This important segment showed a month-to-month rise of 1.0% to 208.4. The February basic chemical index surged 16.3% from the comparable month last year.
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