As buying from South Korea increases, naphtha prices in Asia rose to a two-week high on Wednesday while cracks hovered at their highest in five weeks, as per Reuters. YNCC bought up around 75,000 tonns of naphtha for H1-January arrival at Yeosu at a discount of about US$1/ton to Japan quotes on a cost-and-freight (C&F) basis.
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Sunday, December 04, 2011
Naphtha in Asia rises to 2 week high, cracks at 5 week high, on increased buying from South Korea
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