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Chemical Prices Are Up Once More

August 27, 2007 | APPEARED IN VOLUME 85, ISSUE 35

U.S. chemical prices rose in July for the sixth month in a row, according to data from the Labor Department. The producer price index for all chemicals increased 0.9% from the previous month and 4.5% from July 2006 to 217.6 (1982 = 100), the government reports. Prices for basic chemicals also improved with the price index reaching 233.3, a 1.7% jump from June and a 6.3% rise from the comparable month last year.

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