Friday, March 08, 2013

Asia’s naphtha price likely to drift sideways on expected onslaught of deep sea cargoes

Asia will receive more than a mln tonnes of deep-sea naphtha supply from the western markets in April, similar to the 1.3 mln tons of arbitrage naphtha inflows booked for arrivals in March.


The deep--sea inflows for both months will hail from northwest Europe, the Mediterranean, Russia, as well as the US.



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