Japan March imports of naphtha for ethylene production rises 9.4%

19 April 2013 11:26  [Source: ICIS news]

TOKYO (ICIS)--Japan's imports of naphtha for ethylene production totalled 1.74m kilolitres in March, up by 9.4% month on month, preliminary data from the country’s Ministry of Economy, Trade and Industry (METI) showed on Friday. 

In terms of cost, naphtha imports for petrochemical production amounted to $1.19bn, representing a 13% increase from the previous month, the data indicated.

Naphtha import prices averaged yen (Y) 64,070/kilo liters or $990/tonne in March, up 6% from February, according to METI.

($1 = Y98.12)

By: Tomomi Yokomura
+65 6780 4359

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