Naphtha Solvent

Naphtha solvent (C9) of good quality is used by the paint, coating and printing industries and in agrochemical applications.

ICIS pricing quotes naphtha solvent in Europe.

Frequency:

•           Naphtha solvent is published weekly on Friday in Europe.

 

Naphtha Solvent (EUROPE)

Weekly Price Assessments:

Naphtha Solvent (C9s) Spot Prices

•           FD NWE (EUR/MT)

•           FOB RDAM (USD/MT & conversion to US CTS/GAL)

 

General Information:

Assessment window: Price assessments are based on information supplied by market participants through the week up to close of business on Fridays at 1700 hours in London.

Specification:

Naphtha solvent assessments are based on product with a minimum density of 0.868g/ml at 15°C and a distillation range of 160-180°C.

Timing:

Cargoes loading or delivered four-six weeks forward from the date of publication.

Terms:

30-60 days after bill of lading date.

Standard cargo size:

ICIS pricing covers freight delivered by ship and truck. The standard parcel size is 500-1,000 tonnes for the FOB RDAM export quote on a shipped basis, and 20-25 tonnes for the FD NWE quote on a truck-delivered basis.

Assessment basis:

The report offers market commentary that includes details of traced transactions, news on the supply/demand balance, export/import information, contract price negotiations and general sentiment for price direction. Where applicable there is product information, comments on up and downstream market developments and general market intelligence. The process of evaluation takes into consideration rumoured, reported and confirmed deals; bids and offers; and buying and selling indications. In the absence of trades, the published price range may be adjusted on a notional basis to accurately reflect the levels at which trading activity could take place.

 

14 November 2012