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Thursday, 31 March 2016

India at "take off" stage-II: Naphtha regains importance Mar 31, 2016

Indian naphtha exports have fallen y/y by around 21 thousand b/d between January and November 2015, with the decline extending to 44 thousand b/d between September and November, as India consumes more of its own output due to the rapid growth in demand.-- India has long been a key short-haul naphtha supplier for the Asian market, so the decline in exports has been felt very rapidly. -- Moreover, these shipments are unlikely to return. -- India exported just over 0.1 mb/d of naphtha in October 2015; this is the smallest amount it has shipped overseas since February 2009,-- In November 2015, Indian naphtha exports remained lower y/y by 52 thousand b/d. 

Click on the following links for more story:

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Posted by IndianPetroChem at 05:43
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