Outright naphtha price in Asia fell to a 6 week low on Wednesday with cracks recovering marginally to reach a three-session high, but spot deals in South Korea remained muted, as per Reuters.
A lighht grade naphtha cargo for H1-September arrival was bought by Malaysia's Titan at a premium of about 50 cents to Japan spot quotes on a cost-and-freight (C&F) basis.
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Friday, August 12, 2011
Naphtha in Asia falls, cracks show marginal recovery amid muted spot deals in South Korea
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