Naphtha margins in Asia rose for a second week on optimism that petrochemical demand in China will remain strong, while gasoline declined for the first time in eight weeks, as per Bloomberg. The premiium of naphtha (for delivery to Japan) to Brent crude (crack spread) rose to US$166.
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Tuesday, December 21, 2010
Naphtha margins in Asia rise for a second week on strong petrochemical demand outlook in China
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