Home / Knowledge / News / Textiles / Asian naphtha closes higher on Wednesday
Asian naphtha closes higher on Wednesday
Jan '10
Asian naphtha prices moved higher Wednesday under optimism of better market conditions. Traders said that demand for Northeast Asian cracker operators was expected to remain robust, but at the same time, supply from the Middle East and Europe were expected to slow down.

Mitsui Chemicals, Korea, purchased three naphtha cargoes (each of 25,000 tons) with shipment to arrive in Chiba in the second half of February. Traders said that India Bharat Petroleum Limited (BPCL) has released tenders for sale of two naphtha cargoes (each 30,000 tons), which will close on January 11.

In window deals, Victor Company sold to Itochu Corporation a cargo at US $749.50 per ton for shipment in the first half of March. Brokers said that the price of open specification naphtha contract for arrival in Japan in the second half of February was quoted at $758.50 per ton, up US $2 per ton from the previous trading day.

The half-month spread of the first half of March was US $9.00 per ton and the full month spread of the second half of March was US $15 per ton.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search