04 February 2013 09:40 [Source: ICIS news]
SINGAPORE (ICIS)--Asia’s opec-spec naphtha prices surged to $1,011-1,013/tonne (€738-739/tonne) CFR (cost & freight) Japan, stoked by tightening supply in the region, traders said on Monday.
The prices of the petrochemical feedstock are at their highest levels since 12 September 2012 when naphtha prices closed at $1,013.50-1,015.50/tonne CFR Japan, ICIS data showed.
($1 = €0.73)
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