Friday, August 17, 2012

Naphtha in Asia at 3-1/2 month high of US$948, margins slip to a two-session low

At US$948, naphtha price in Asia has peaked to a 3-1/2 month high on Monday, while margins have dipped to a two-session low of US$96.30/ton premium as buyers have put on hold spot purchases in view off high Brent crude and weak economic data, as per Reuters.

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