Persistently high naphtha prices in Europe are continuing to push down demand, as per ICIS.
In line with rising crude oil, naphtha peaked a 33 month high on 8 April, assessed at US$1054-1062/ton CIF (cost, insurance and freight) NWE.
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Monday, April 25, 2011
Naphtha demand in Europe continues to be weak on persistent high prices
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