05-Jul-17 Upto 5.6 mln tons of naphtha are expected to arrive in Asia this month from Middle East, Europe and the Mediterranean, as assessed by Thomson Reuters Oil Research. With this ample supply anticipation, Asia's naphtha crack fell to a near 7 month low of US$53.5/ton on Tuesday, battered by heavy supplies. This month's inflow is more than 12% higher than the total shipments to Asia in June at 4.7 - 4.8 mln tons.
Previous News
Next News
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}