NewsFlashIndia’s refiners to reduce April naphtha exports by 7-13%

26 March 2013 02:37  [Source: ICIS news]

SINGAPORE (ICIS)--India’s refiners will reduce naphtha exports to 650,000-700,000 tonnes in April, down from an estimated volume of 750,000 tonnes shipped out in March, traders said on Tuesday.

The March volumes climbed up to 750,000 tonnes from an initial estimate of 600,000 tonnes, because higher premiums and the end of the fiscal year prompted the Indian refiners to offload more cargoes in the market, they added.

By: Felicia Loo

AddThis Social Bookmark Button

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.

Printer Friendly