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Europe's Jan-loading naphtha volume to Asia falls, but US to plug shortfall | Hellenic Shipping News Worldwide


Europe’s Jan-loading naphtha volume to Asia falls, but US to plug shortfall
Asia’s growing appetite for arbitraged naphtha will continue to be satisfied by Europe and the US in the near term, despite the strong pull for the feedstock by Europe’s petrochemical markets, which has consistently reduced the volume of naphtha heading East in the last few months, according to data from market sources and cFlow, Platts trade-flow software.
Fixtures of January-loading naphtha arbitraged from Europe to Asia totaled 1.41 million mt, of which 235,000 mt was originally for loading in December, the data showed. As a result, December-loading naphtha totaled 1.455 million mt, lower than the 1.632 million mt in November. ....

Vastra Gotalands Lan , South Korea , Ineos Dormagen , Far East , January Loading European , February March Mean , Platts Japan , தெற்கு கொரியா , இதுவரை கிழக்கு , ஜனவரி ஏற்றுகிறது ஐரோப்பிய , பிப்ரவரி அணிவகுப்பு சராசரி ,

Asia light ends – Key market indicators this week | Hellenic Shipping News Worldwide


Asia light ends – Key market indicators this week
Asia’s light ends markets opened Jan.11 higher as sentiment was boosted by cold weather demand and hopes pinned on the COVID-19 vaccine, even as crude futures were dampened by the strengthening US dollar.
Gasoline sentiment was seen mixed, with the vaccine roll out firming the US RBOB/Brent crack spread for the fourth-straight session, while concerns over
a new lockdown in Malaysia could limit auto gas demand.
Firm naphtha prices prompted end-users to seek volumes at the lower end of the operational tolerance.
Front month March ICE Brent crude futures gained 56 cents/b from the 0430 GMT Asian close on Jan. 8 to $55.32/b at 0409 GMT Jan. 11, but was down 65 cents/b versus the London close. ....

Saudi Arabia , South Korea , City Of , United Kingdom , Muhyiddin Yassin , Noor Hisham Abdullah , Saudi Aramco , Qatar Petroleum , Prime Minister Muhyiddin Yassin , Health Director General Noor Hisham Abdullah , February March Mean , Platts Japan , Front Month February , Middle East , சவுதி அரேபியா , தெற்கு கொரியா , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , நூர் ஹிஷாம் அப்துல்லா , சவுதி அரம்கோ , கத்தார் பெட்ரோலியம் , ஆரோக்கியம் இயக்குனர் ஜநரல் நூர் ஹிஷாம் அப்துல்லா , பிப்ரவரி அணிவகுப்பு சராசரி , முன் மாதம் பிப்ரவரி , நடுத்தர கிழக்கு ,