Reliance’s premiums on June naphtha fall 33%

Reliance Industries Ltd has sold 75,000 tons of naphtha for June 24-27 lifting from Sikka at about US$25/ton above Middle East quotes on a free-on-board (FOB) basis, falling nearly 33% compared with a previous sale, as per Reuters. Weaker demand and rising supplies are weighing on premiums. The weak fundamentals are likely to persist through Q3-2012.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha