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International spot market price of naphtha on April 16

18 Apr '08
1 min read

The demand of Naphtha, the colourless, volatile and inflammable liquid, one of the most important products for the chemical industry, has gained by many folds in recent years.

A series of new petrochemical projects coming all over the world, has led to increase in Naphtha requirement. Thus price for the same has been on the upward trend.

Prices of naphtha showed a rising trend in the international spot market on April 16, corresponding to increased crude oil prices in the past few days.

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