RIM Market News >  RECX-22   

RECX-22 extends losses on weak crude: week to Mar 9

2018/03/12 07:00

The Rim Energy Composite Index-22 (RECX-22) average for the week to Mar 9 was at 102.96, down 2.85 points from the week to Mar 3.

 

The overall domestic index weakened by 2.26 points. Kerosene plunged by 10.81 points on weak crude and shrinking buying interests following the end of demand seasons.

 

The overall import index lost by 2.32 points. All products except Liquefied natural gas (LNG) declined on week. LNG increased by 2.91 points as production in Papua New Guinea fell off.

 

The overall export index dipped by 3.97 points. Benzene tumbled by 4.41 on softer stile monomer market, together with sluggish market in China.

 

 

Tokyo : Energy Desk  Ayana Yamaoka  +81-3-3552-2411
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