Wednesday, April 25, 2012

Poor demand pulls down NWE naphtha front-month crack swap falls to three-month lows

At the end of last week, CIF Northwest Europe May naphtha crack swap fell by US$0.80 to minus US$6.35/barrel, from Thursday's close, due to poor demand. This is more than three-month low, as per Plattts, since January 16 when it was printed at minus $7.

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