11 April 2011 10:38 [Source: ICIS news]
SINGAPORE (ICIS)--Asia naphtha prices closed higher on Monday at $1,062.50-1,064.50/tonne (€733.1-734.5/tonne) CFR (cost & freight) ?xml:namespace>
Naphtha prices settled at $1,058-1,060/tonne CFR Japan on Friday, the data showed.
The market is facing snug supply because of limited deep-sea imports from
Robust crude oil futures also underpinned prices of the petrochemical feedstock, they added.
($1 = €0.69)
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