Naphtha margins are on the rise in Asia. Naphtha's premium to London-traded Brent crude futures (crack spread) rose to US$119/ton from US$111 on the previous day, as per Bloomberg.
Glencore Internatiional AG sold 25,000 tons of naphtha for delivery in H1-October at US$966/ton and 25,000 tons for H2-October at US$968/ton to Royal Dutch Shell Plc.
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Sunday, August 07, 2011
Naphtha margins rise in Asia
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