Friday, June 25, 2010

Naphtha prices dip, cracks recover to 3-session high

Open Spec naphtha for H1-August fell by over ten dollars to US$659/ton CFR Japan. Naphtha prices in Asia fell for the third consecutive session to dip to two-week lows. Demand from Taiwan has triggereed naphtha cracks to recoil marginally by over five dollars to US$91/ton to settle at a three-session high.

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