Monday, March 19, 2012

Naphtha prices in Asia continue to firm on steady demand from Taiwan and tight supply

Naphtha prices in Asia continue to firm as demand remained steady from Taiwan and supply remained tight on the back of refinery maintenance, as per Reuters. Formosa emerged in the spot market to seek unspecified volumes in second half April, after having already bought 100,000-120,000 tons of open-spec naphtha.

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