p>PetroChina is expected to lift naphtha ex-refinery price for its subsidiary refineries by Yuan 60/mt to Yuan 4,973/mt as from Oct 1, according to a source with the oil oligarch.
The major has changed its pricing system for naphtha since Sep 1 of 2005, by taking FOB Singapore Mean in the period starting from 26th of the previous month to 25th of the front month as reference for its naphtha ex-refinery price of the next month, according to a notification released by the oil giant earlier.
China Chemical Weekly: http://news.chemnet.com/en/detail-1411716.html
