Naphtha cracks in Asia have plunged to 8 month lows and Asia's naphtha price fell to three-week low, as oversupply dragged down sentiments despite demand from South Korea. LG Chem has purchased 100,0000 tons of naphtha from three sellers for H1-August arrival at Daesan and Yosu at discounts of US$4.
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Wednesday, June 30, 2010
Naphtha Cracks plunge to 8 month lows, Asian naphtha falls
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