Tuesday, August 02, 2011

Naphtha price in Asia ends week at two-session low, cracks extend gains

Asia's naphtha price ended last week at a two-session low, but cracks extended gains to reach a three-session high, and timespreads improved further on easing tight supplies, as per Reuters. No Westerrn barrels were seen coming to the region due to firm demand for naphtha for gasoline blending.

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