Demand for butane from Asian cracker operators weakened this week as prices of naphtha, which is a widely preferred feedstock for petrochemical production, are on a downtrend, as per ICIS. Butane has lost its price advantage for cracker operators at the current US$7-10/ton (€5-8/ton) cheaper price than naphtha, against the acceptable price gap of at least US$50/ton.
For more details on Asia cracking demand for butane eases as price of naphtha falls click here
For more details on Asia cracking demand for butane eases as price of naphtha falls click here
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