Tag: U.S. naphtha exports
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Japan: Naphtha imports diversify as reliance on Middle East declines
US emerges as Japan’s largest naphtha supplier in May Alternative sourcing supports rising petrochemical output Japan’s dependence on the Middle East for naphtha imports continued to decline in May as refiners expanded procurement from the United States, Europe, and other alternative suppliers, according to the latest government trade data. Total naphtha imports fell 10% y-o-y…