Chemical News
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China: Sinopec cuts Aug naphtha ex-refinery price by Yuan 290/mt
https://www.chemnet.com Aug 03,2010
Sinopec set Aug naphtha ex-refinery price for its underlying refineries at Yuan 5,010/mt, down Yuan 290/mt from the previous month, according to a source with the refiner. Meanwhile, ex-refinery price of naphtha supplied to eastern chemical enterprises by Tahe Refinery was decreased from Yuan 4,800/mt to Yuan 4,510/mt.
Starting from Jan 1 of 2005, Sinopec adjusts its naphtha ex-refinery prices at the beginning of every month, taking average CFR Japan and average FOB Singapore in previous month as reference.
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