A maintenance shutdown at Saudi Aramco’s hydrocracker has led to supply constraints and reduced exports from the producer. Supply problems have been compounded by rising domestic demand. In a bid to ccope with limited supplies, Asia’s top term supplier of naphtha plans to reduce volumes of A180 light and A310 naphtha grades from Ras Tanura in its H2-09 contracts as compared to the same period last year.
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Monday, May 18, 2009
Saudi to slash naphtha term volumes to Asia
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