Thursday, April 14, 2011

Asian naphtha prices continue at 32 month high amid high Brent crude, cracks ease

Asian naphtha prices continued at a 32 month high in line with high Brent crude prices, with cracks easing slightly, as per Reuters. However, the intermonth spread remained firm on strong sentiment. PPrices in Asia,
which is structurally short of naphtha, have often been higher than in Northwest Europe.

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