27 October 2011 10:17 [Source: ICIS news]
The persistently poor demand from
The oil markets in
FPCC normally purchases at least 300,000 tonnes of spot naphtha each month, but has not been buying material since August this year because of cracker shutdown issues, the traders said.
The producer has been operating its 700,000 tonne/year No 1 cracker, a 1.03m tonne/year No 2 cracker and a 1.2m tonne/year No 3 unit at 80% rates since last week.
($1 = €0.72)
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