TITLE

Backwardation to weaken as Asia naphtha prices fall

AUTHOR(S)
LOO, FELICIA
PUB. DATE
March 2013
SOURCE
ICIS Chemical Business;3/4/2013, Vol. 283 Issue 8, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the weakening backwardation after the naphtha prices fall in Asia as of 2013. It states that the lowering oil prices contributed to the fall of naphtha prices. It says that the Indian exports are expected to grow in March, with almost 600,000 tonnes of naphtha from Indian refiners as compared to the 500,000 tonnes in February.
ACCESSION #
89153318

 

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