Concern over mounting supplies ahead have pulled down naphtha prices in Asia to 6 week lows, while cracks are at around 4 week lows, despite demand from Japan.
Idemitsu has bought a parcel for H1-MMarch arrival at premium of US$11/ton to Japan spot quotes, C&F.
For more details on Asian naphtha prices at 6 week lows, cracks at 4 week lows, in anticipation of growing supplies click here
Thursday, January 28, 2010
Asian naphtha prices at 6 week lows, cracks at 4 week lows, in anticipation of growing supplies
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