09 February 2012 09:09 [Source: ICIS news]
The contract rose by $8-9/tonne to $1,028-1,030/tonne CFR Japan in line with crude-driven gains during afternoon trade, from levels earlier in the session – the highest since 11 May 2011, according to ICIS data.
There was a deal done during open-market trade on Thursday, with UK-based Cargill buying a naphtha cargo for the first half of April from Shell at $1,021/tonne CFR Japan.
($1 = €0.75)
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