Wednesday, February 08, 2012

150,000 tons of heavier naphtha grades to be shipped in March to Asia from the Mediterranean

About 150,000 tons of mainly heavier naphtha grades will be shipped to Asia from the Mediterranean in March, as per Reuters. However, shortage in Europe is likely to halt further shipments to Asia.
TThe arbitrage window for open-spec naphtha used mainly for ethylene cracking was shut recently.

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