Monday, October 20, 2008

Naphtha prices in Asia fall for fourth consecutive week: halve from early August

Naphtha prices in Asia have dropped by over 50%, halving since early August. Cargoes for H1-December loading were pegged at US$443.50-444.50/ton (€328.19-328.93/ton) CFR (cost and freight) Japan as peer ICIS pricing.

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