Japan's naphtha imports up by 3.1% in May to 1.01m tonnes

22 June 2012 09:47  [Source: ICIS news]

TOKYO (ICIS)--Japan’s imports of naphtha for ethylene production rose by 3.1% month on month to 1.01m tonnes in May this year, data from the Ministry of Economy, Trade and Industry (METI) showed on Friday.

The value of the naphtha imports totalled $1.06bn (€848m) in May, down by 0.9% from April, according to METI.

The average price of naphtha was $1,050/tonne, a 3.7% decrease from the previous month, the ministry added.

($1 = €0.80)

For more on ethylene visit ICIS chemical intelligence

By: Tomomi Yokomura
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