Naphtha prices in Asia fell to their lowest in over seven months. Naphtha cracks plunged to 6 week lows, weighed down by high supplies.
South Korea's Honam bought two 25,000 ton full-range naphtha cargoes for H1-July arrival at Daesan and Yosu at premiums of US$2/ton to Japan spot quotes on a cost-and-freight (C&F) basis.
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Thursday, May 27, 2010
Naphtha cracks in Asia plunge to 6 week lows
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