Monday, February 20, 2012

Naphtha price in Asia rise to nearly a 10 month highs

Amid rising Brent crude, Asia's naphtha price rose on Wednesday to nearly a 10 month high, while cracks slipped just around 2% after touching 13 month highs as tight supply persisted, as per Reuters.
Japan's Mitsui Chemicals came forward to buy H2 March naphtha cargo, but details were scant.

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