Thursday, February 04, 2010

Naphtha prices rebound in Asia

Naphtha prices in Asia have rebounded from very low levels seen earlier in the week to a two-week high. Open spec naphtha for H2-March spiked by US$37 to US$712/MT CFR Japan. Naphtha cracks have also rebounded to a three-session high after dropping to their lowest in two months.

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