Monday, January 17, 2011

Asia naphtha at a two-session low halfway through last week

Naphtha prices in Asia were at a two-session low on last Thursday, while cracks were at their lowest level in three months despite healthy demand from North Asia, as per Reuters.South Korea's LG Chem bought 125,000 tons of open-spec grade for H2-February arrival at Yosu and Daesan at premiums of US$4.

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