Naphtha cracks in Asia plunge to 6 week lows

Naphtha prices in Asia fell to their lowest in over seven months. Naphtha cracks plunged to 6 week lows, weighed down by high supplies. South Korea's Honam bought two 25,000 ton full-range naphtha cargoes for H1-July arrival at Daesan and Yosu at premiums of US$2/ton to Japan spot quotes on a cost-and-freight (C&F) basis. Honam was expected to buy more for H1-July, but high supplies estimated at 1.2 mln tons from Europe in May to July will weigh heavily on prices.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha
Reclamax single step plastic recycling machine

Reclamax single step plastic recycling machine