Issue Date: April 2, 2007
Chemical Prices Jump In February
U.S. chemical prices rose in February, according to the latest data from the Labor Department. The government figures show the producer price index for all chemicals rose 0.7% from January to 208.1 (1982 = 100) and was 2.3% ahead of February of last year. The increase was spurred by a healthy improvement in basic industrial chemicals, for which the January index rose 1.5% from the previous month and 4.0% from the comparable month a year ago to 214.3.
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