Home / Knowledge / News / Textiles / Naphtha futures weaken
Naphtha futures weaken
Jan '10
Brokers said that the premium of naphtha paper goods for the second half of February against February Brent crude futures reduced US $7 to $163 per ton on January 13, because regional demand slightly softened compared to the first half of February, but supply was still tight as exports from the Middle East were lower.

National Oil Company of Abu Dhabi reduced its supply of naphtha, which may give support to premium of naphtha spot, even though supply in Asian region declined slightly from the previous high.

Formosa Petrochemical is seeking naphtha cargo for deliveries in the second half of February through spot tender; the premium level is based on $15-18 per ton of Japan's price. In transaction window, Sempra sold a cargo to Itochu for shipment in the second of March at $731per ton.

Brokers said the benchmark naphtha of Japan's open specifications for arrival in the second half of February fell $24 from the previous day to $750 per ton. The half-month spread against the first half of March is $11 per ton, and the full-month spread against the second half of March is $19 per ton.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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...

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