Naphtha prices in Asia fell to their lowest level in almost 20 months, as per Reuters, while margins hovered around a 7 month low amid deteriorating demand that weighed on sentiments.
Market estimatees that Honam has bought two 25,000 ton naphtha cargoes for H1-July arrival at Yeosu and Daesan at premiums of US$3.
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Wednesday, June 06, 2012
Naphtha plunges in Asia to near 20 month lows
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