28 June 2013 19:57 [Source: ICIS news]
HOUSTON (ICIS)--US Gulf-to-Asia chemical freight rates rose $12.50/tonne (€9.63/tonne) this week on tightening vessel space from aromatics traffic, sources said on Friday.
Rates on the USG-Asia route rose to $90-100/tonne for cargoes of 2,000 tonnes or larger, compared with $80-85/tonne previously, brokers said.
Rates remained unchanged for larger cargoes of 5,000 tonnes or more, at $63-68/tonne.
The SSY Base Oils Report said July carriers on the route would likely fill ships quickly.
($1 = €0.77)
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