The Northwest Europe naphtha market is experiencing slow demand as petrochemicals and gasoline blenders remain on the sidelines, leaving buyers and sellers in a deadlock, as per Platts. Although petroochemicals have reportedly been buying "a bit of volume" due to rising propane prices, they are not expected to buy significant quantities of naphtha until September.
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Monday, August 20, 2012
Naphtha demand in NW Europe slows as petrochem, gasoline blenders wait in the sidelines
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