India to raise naphtha exports to 600,000-700,000 tonnes in Feb

28 January 2014 02:47  [Source: ICIS news]

SINGAPORE (ICIS)--India’s naphtha exports are seen rising to 600,000-700,000 tonnes in February, up from around 600,000 tonnes in January, traders said on Tuesday.

An increase in shipments from Reliance Industries – an export-oriented refiner – was a factor behind the rise in monthly exports from the country, they said.

The exports will be easily absorbed in Asia as the crackers are maximising their runs, the traders added.

By: Felicia Loo

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