Naphtha in Asia lingered near a 3-1/2 month high of US$960.50/ton on Thursday but margins fell by over 7% to a two-session low of US$86.45/ton on ample supplies, as per Reuters. Weak fundamentals ruleed in favour of the buyers as Honam Petrochemicals paid the lowest price the petrochemical maker had paid in nearly two months.
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Monday, August 20, 2012
Naphtha in Asia lingers at near 15 week highs
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