Tuesday, August 30, 2011

Naphtha cracks in Asia end previous week at highest in 3-1/2 months on tighter prompt supplies

Last week ended in Asia with cracks firm at their highest in 3-1/2 months as traders cited tighter prompt supplies, as per Reuters.
Honam Petrochemical, South Korea's third-biggest of six naphtha crracker operators, will shut a 1 mln tpa cracker at Daesan for a month-long maintenance starting H1-October.

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