A firm trend persists in naphtha prices in Europe on petrochemical demand

04-Nov-10
A firm trend persisted in physical naphtha prices in Europe, after prices peaked to a 10 month high on the first day of the week. Prices continued to rise on strong demand from the petrochemical industry and Asia as per Reuters. The differential between front month gasoline and naphtha prices was negative, indicating that naphtha prices are stronger than gasoline.
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