Monday, September 06, 2010

Naphtha prices drop, cracks fall from three month high

Naphtha prices in Asia fell from a two-week high, and naphtha cracks dropped from three-month highs on muted spot demand and ample supplies, as per Reuters. At least 115,000 tons of African/Mediterrannean naphtha will land in Asia between H2-September and H1-October despite a well supplied market.

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