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    The prices of man-made fibers intermediates were largely governed by the volatile crude oil values in 2006. Oil prices rose significantly by 18-20% during the year. This was over and above the 36-40% increase recorded in 2005. The surge is attributed to geo-political issues and unrest in the middle-east, supply disruption in Nigeria and speculation over sanctions on Iran who is pursuing a nuclear programme despi
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    rude oil values in 2006. Oil prices rose significantly by 18-20% during the year. This was over and above the 36-40% increase recorded in 2005. The surge is attributed to geo-political issues and unrest in the middle-east, supply disruption in Nigeria and speculation over sanctions on Iran who is pursuing a nuclear programme despi
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    his was over and above the 36-40% increase recorded in 2005. The surge is attributed to geo-political issues and unrest in the middle-east, supply disruption in Nigeria and speculation over sanctions on Iran who is pursuing a nuclear programme despi
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    d to geo-political issues and unrest in the middle-east, supply disruption in Nigeria and speculation over sanctions on Iran who is pursuing a nuclear programme despi
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    Naphtha, the basic feedstock for all fiber intermediates, mirrored the movement of crude oil prices. They rose by 15% during 2006 in Asia and Europe. In Asia naphtha averaged US$582 a ton. This rise was clearly reflected in prices of olefins and aromatics which were occasionally in short supply. Prices

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