Japan's naphtha imports fall by 20% in March 2012

17 April 2012 05:10  [Source: ICIS news]

TOKYO (ICIS)--Japan’s imports of naphtha for ethylene production fell by 20% to 883,666 tonnes in March from the previous month, official data from the Ministry of Economy, Trade and Industry (METI) showed on Tuesday.

The country’s naphtha imports for ethylene production totalled $892.0m (€677.9m) in value in March, down by 14% from February, based on the data.

The average price of naphtha in March was $1,009.5/tonne, a 6.8% increase from the average of $944.9/tonne in February, according to METI.

By: Tomomi Yokomura
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