Wednesday, December 22, 2010

NWE gasoline-naphtha spread rise to record highs as naphtha surges

The spread in the physical market between CIF Northwest European naphtha cargoes (assessed at US$851.50/mt)and Eurobob Amsterdam-Rotterdam gasoline barges saw another ten dollar increase to surge to UUS$49/mt on Monday, the widest ever in a Platts assessment.

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