Tuesday, November 02, 2010

Naphtha prices in Asia recover, cracks rebound

Robust industry demand has led Asian naphtha prices to recover to a three-session high midweek, while cracks rebounded from a near two-week low to reach their highest in a week, as per Reuters. Amid aample supplies, sentiments have been boosted as South Korea's Honam Petrochemical and Samsung Total, and Japan’s Exxon and Tosoh seek cargoes for December.

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