Asia's naphtha price ended the week at its highest in about four weeks on Friday, but cracks dived to their lowest in about two weeks despite healthy demand from South Korea, as per Reuters. Samsung Total came forward to buy 25,000 tons of open-spec naphtha for H1-May arrival at premiums of around US$8/ton to Japan spot quotes on a cost-and-freight (C&F) basis.
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Wednesday, April 06, 2011
Asia's naphtha price at four week highs, cracks dive to two week lows
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