Friday, April 20, 2012

Naphtha price in Asia falls for third consecutive session to around 9 week lows

Naphtha prices in Asia fell for a third straight session to a nine-week low on Wednesday at US$1042.50/ton. This fall has been triggered by weaker Brent crude, though inter-month spreads were steady wwhile cracks edged up to a two-session high, as per Reuters.

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