Asia-bound naphtha from Tuapse up in April
24th April 2018
Naphtha exports from the Russian Black Sea port of Tuapse to Asia-Pacific have firmed in April compared with last month, Vortexa data indicate, pointing to improved west-east arbitrage economics.
At least three naphtha-loaded vessels from Tuapse have set off for Asia-Pacific so far in April, according to observed flows. Two more could depart for eastern markets by the end of the month, which would lift eastbound exports to their highest in several months from Tuapse.
Demand for west of Sue...