Naphtha crack spread have fallen in Asia, signaling eroding profit for refiners. As per Bloomberg, the premium of Japan-delivered naphtha to Brent sank by over 14 dollars to US$60.6/ton. The narrowingg crack spread indicates refining margins from making the petrochemical feedstock are declining.
For more details on Naphtha crack spread in Asia falls click here
Friday, June 17, 2011
Naphtha crack spread in Asia falls
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment