Wednesday, July 25, 2012

Naphtha margins fall in Asia on muted demand

Naphtha prices in Asia fell to a five-session low of US$856/ton on Monday, with margins down to a week low of US$83/ton premium on muted buying interest from petrochemical makers, as per Reuters. Demaand has dipped as South Korean buyers appear to be holding back after a week of brisk purchases amid falling crude oil.

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