As demand for petrochemicals in China soars amid fuel shortage, naphtha prices in Asia have peaked to two year highs, spurring an almost threefold increase in shipments from Europe. Asia-bound cargoess of naphtha may rise to 290,000 tons this month from 110,000 tons in October, according to the median estimate of four European traders surveyed by Bloomberg.
For more details on Rising demand amid fuel shortage in China propels naphtha to 2 year highs: threefold increase in shipments from Europe click here
Wednesday, November 17, 2010
Rising demand amid fuel shortage in China propels naphtha to 2 year highs: threefold increase in shipments from Europe
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment