Asia naphtha falls but post-holiday outlook is strong

PITCHES, JO; MARTIN, SHEENA; Dennis, James; Dillon, Tony
February 2011
ICIS Chemical Business;2/7/2011, Vol. 279 Issue 5, p24
Trade Publication
The article offers information on the Asian naphtha prices. It is mentioned that naphtha prices in Europe has decreased owing to the low demands from the petrochemical industries. It is expected that post Lunar new Year's holidays, demand from China will increasing, thus strengthening the naphtha trade. Also, the supply of naphtha to the U.S. remained low because of the refinery turnaround season in Gulf coast.


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