A 40% drop in naphtha exports to Asia in being anticipated as refiners lift supply and prices in Singapore discourage shipments from Europe, as per Bloomberg. Based on a survey of four Europe based trraders, cargoes of at least 210,000 metric tons have been booked to Asia for loading in early June.
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Wednesday, June 23, 2010
June naphtha exports to Asia estimated to drop 40%
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