QUAKER CHEMICAL CORP — Director's Dealing 2003

Nov 18, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUAKER CHEMICAL CORP (KWR)
CIK: 0000081362
Period of Report: 2003-11-14

Reporting Person: BENOLIEL D JEFFRY (VP, Secretary & GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-14	Common Stock	S	2100	$25.3	Disposed	40120	Direct
2003-11-14	Common Stock	S	100	$25.31	Disposed	40020	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15520	Indirect
Common Stock	5300	Indirect
Common Stock	2875	Indirect
Common Stock	2425	Indirect