25 March 2011 10:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here is Friday's end-of-day Asia oil and chemical markets summary from ICIS.
CRUDE: May WTI $105.64/bbl, up 4 cents/bbl; May BRENT $115.77/bbl, up 5 cents/bbl
Crude futures values edged a few cents above the previous session close. Supply worries, which have been heightened by the violence in Libya and unrest in the Middle East, served to support crude prices.
NAPHTHA: $1,000-1,002/tonne CFR Japan, up $9-10/tonne
Asia naphtha prices soared to $1,000-1,002/tonne CFR Japan on Friday, as global Brent crude futures held near $116/bbl.
BENZENE: $1,145-1,155/tonne FOB Korea, steady
Prices were largely stable in the afternoon although trading picked up pace with three deals heard for May loading at $1,149-1,155/tonne FOB Korea, while a fourth parcel for June lifting was heard traded at $1,140/tonne FOB Korea.
TOLUENE: $1,070-1,075/tonne FOB Korea, up $5/tonne
Prices edged higher as bids for any May loading were heard at $1,065-1,070/tonne FOB Korea, while offers were heard at $1,075-1,078/tonne FOB Korea.
ETHYLENE: $1,300-1,350/tonne CFR NE Asia, up $20/tonne
A deal for a 3,000-tonne cargo was widely heard at $1,350/tonne CFR China for mid-end April shipment, but bids in the broader market were capped at $1,300/tonne CFR NE Asia.
PROPYLENE: $1,570–1,620/tonne CFR NE Asia, stable
Propylene spot prices held steady with buy-sell indications at $1,570-1,620/tonne CFR NE Asia for April shipments.
For more pricing intelligence, please visit ICIS pricing
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