Thursday, January 17, 2013

Cheaper LPG, high supply exert pressure on naphtha prices

Naphtha price in Asia was at a month's low of US$944/ton on Monday, while margin hit a 1-1/2 month low of US$112.55/ton on renewed concerns over high supplies and liquefied petroleum gas (LPG) prices falling quicker than naphtha, as per Reuters.




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