VINACHEM

Yesterday morning, the DOJI Group announced a selling price of
VND46.12 million per tael ($2,196) (one tael is equivalent to 0.5oz)
then lowering to VND45.95 million ($ 2,188). The Sai Gon Jewellery
Company (SJC) price reduced VND320,000-440,000 per tael.

Naphtha's prompt timespreads have been trading in narrow backwardations
of US$8.25-9.50/ton since the beginning of October because of sliding
gasoline values in Europe. Meanwhile, naphtha's CFR Japan November swap
stood US$8/ton higher at US$935. Naphtha's November and December
East-West (EW) spreads, the differential between Asian and European
prices, were at US$2 and US$8/ton respectively.

The company has been working on the “very, very significant piece of innovation” for some time, Nielsen told Ethanol Producer Magazine.
With use of Avantec, a typical 100 MMgy U.S. ethanol plant could go
from using 900,000 tons of corn a year to 877,500 tons of corn and still
produce the same amount of ethanol.

Crude for December delivery was at $86.05 a barrel in
electronic trading on the New York Mercantile Exchange, up 32
cents, at 1:30 p.m. Singapore time. The contract settled at
$85.73 yesterday, the lowest since July 10. Prices are down 13
percent this year.