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CW's Asia Chemical Prices for the Week Ended October 27, 2008

10:50 AM MDT | October 27, 2008 | Polymerupdate

NAPHTHA Naphtha prices in Asia down at the USD 357/mt CFR Japan mark - Oct 27, 2008 Crude futures were seen softening in Asia on Monday morning. Trade was thin and prices bearish despite last Friday's decision by OPEC to trim output by 1.5 million barrlers per day with effect from Novembe 1st. Weak energy prices dragged prices of Asian naphtha lower. First half of December price indications were down at the USD 357/mt to USD 358/mt CFR Japan levels. For the 2nd half of December prices were down at the USD 373/mt to USD 374/mt CFR Japan levels. First half of...

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