TITLE

Europe naphtha tightens as buying activity picks up

AUTHOR(S)
LOO, FELICIA; PITCHES, JO; Martin, Sheena; Dillon, Tony
PUB. DATE
January 2012
SOURCE
ICIS Chemical Business;1/30/2012, Vol. 281 Issue 5, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the improvement in the European naphtha cargo market. The author notes that despite expectations of market lengthening in the latter half of January 2012, industry experts consider the market to be tight as a result of a variety of factors, including increased buying activity and open arbitrage to the U.S. Experts predict that strong premiums in 2012 are unlikely to remain at their levels as a result of cracker turnarounds in March.
ACCESSION #
71604584

 

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