Appetite for naphtha in Asia is falling in line with a slump in Chinese plastics consumption in 2011, on measures taken by the Centre to slow runaway economic expansion. As per Reuters, oil investors are watching Chinese demand growth closely for any signs of a sharp slowdown, as consumption in the world’s second-largest economy has driven global fuel demand growth for the best part of a decade.
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Wednesday, June 08, 2011
Slump in plastic demand in China to impact naphtha in Asia
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