Saturday, June 25, 2011

Asia's naphtha ends at a two-session low, cracks at two-week high despite weak fundamentals

Asia's naphtha price ended at a two-session low on Wednesday but cracks hit a two-week high despite weak fundamentals, as per Reuters.
South Korea's LG Chem bought two medium-range naphtha cargoes ffor H2-July arrival, one to be delivered to Yeosu and another to Daesan at discount of US$2.

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