Supported by demand from South Korea and an impending strike in France Asian naphtha prices have risen to a month high as naphtha cracks rose to more than a week high.
Honam Petrochemicals in South Korea bought three cargoes of naphtha totalling around 75,000 tons, following last week’s purchases by LG Chem and Samsung Total.
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Tuesday, February 23, 2010
Naphtha cracks rise, naphtha prices in Asia at month highs
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