13 July 2010 05:15 [Source: ICIS news]
The tender would close on 13 July, with bids to stay valid until 14 July, they said.
The Asian naphtha price spread plunged to a contango of $7/tonne (€5.53/tonne) on Tuesday, widening from $2/tonne early last week, amid ample spot supply from the Middle East and weak demand, ICIS data showed.
($1 = €0.79)
To discuss issues facing the chemical industry, go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections