04 April 2011 08:52 [Source: ICIS news]
SINGAPORE (ICIS)--Asia is expected to receive about 270,000 tonnes of arbitrage naphtha supplies from Northwest Europe and the ?xml:namespace>
“Some of the volumes meant for April will be spilled over to May because of shipping delays. But that has been ironed out,” one trader added.
Naphtha prices in Asia closed at $1,001-1002/tonne (€701-702/tonne) CFR (cost and freight)
($1 = €0.70)
For more on naphtha, visit ICIS chemical intelligence
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