Monday, January 30, 2012

Naphtha cracks in Asia at highest in 8-1/2 months

Asia's naphtha price and intermonth spreads were at their highest in about two weeks on Thursday, as per Reuters. Cracks rose to an 8-1/2 month high as tighter supplies in Europe were expected to impaact the East, which is structurally short of the light fuel.

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