Thursday, September 08, 2011

Naphtha prices at 2 week low, cracks fall to a 3 week low in Asia

Naphtha prices in Asia dipped to a 2 week low on Tuesday and cracks fell to a three-week low. However, timespreads stayed unchanged due to limited spot deals, as per Reuters. Naphtha spot deals have bbeen thin due to the annual Asia Pacific Petroleum Conference (APPEC) event in Singapore, that ends late this week.

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