HC Deb 20 December 1973 vol 866 c364W
Mr. Skeet

asked the Secretary of State for Trade and Industry if he will indicate the current market price of naphtha compared with what it was at the beginning of 1973; and whether he will exercise his powers under Section 3 of the Fuel and Electricity (Control) Act 1973 to control the price of the chemical feedstock.

Sir G. Howe

Most naphtha is bought on contract; and there is a wide variation on prices quoted for marginal supplies. I see no present need to control the price of chemical feedstock.

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