Japan's naphtha imports for petchems sector rises 5.4% in October

16 November 2012 12:57  [Source: ICIS news]

TOKYO (ICIS)--Japan’s imports of naphtha for the petrochemical sector rose by 5.4% to 1.18m tonnes in October from the previous month, official data from the Ministry of Economy, Trade and Industry (METI) showed on Friday.

The country’s naphtha imports for ethylene production totalled $1.16bn (€905m) in value in October, up by 16% from September, according to the ministry.

The average price of naphtha was $980.1/tonne in October, a 9.6% increase month on month, based on the data.

($1 = €0.78)

By: Tomomi Yokomura
+65 6780 4359

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