Sunday, March 04, 2012

Naphtha cracks peak to 11 month highs in Asia

Persistent firmness in Asia's naphtha price on Tuesday, was accompanied by intermonth premiums of US$25/ton for H1-April and H1-May. This is the highest in about 26 months, and has been triggered by ppersistent tight supplies and cracks rising to an 11 month high, as per Reuters.

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