European naphtha cargo prices remain firm: outlook is bearish

21-Oct-11
European naphtha cargo prices remained firm, as traders warned of a bearish outlook as petrochem users continue to focus on cheaper propane feedstock amid ample inventories and slack demand in Asia, as per Reuters. Even as naphtha supplies remain strong, players are not confident that polymer demand will pick up soon.
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Large capacity chemical storage tanks

Large capacity chemical storage tanks

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