Mar '08
In the meanwhile, Mitsui HK also procured naphtha cargo for $899 per ton, to be shipped during the second half of May.
Shell purchased naphtha from Korean Chemical and Glencore International AG with premium of $4.00 and $4.25 per ton, respectively, to be exported between second half of May and second half of June.
According to traders, naphtha demand for May should be higher than that in April, because majority of petrochemical plants in North Asia would complete their maintenance.
Gasoline market held steady, after declining for three consecutive days, rationalization profit was unchanged at $10.27 a barrel.
Fibre2fashion news Desk - China
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