Asian naphtha margins slipped on Monday as demand for petrochemical feedstock naphtha worsens as petrochemical margins weakens, as per sources in Reuters. “Petrochemical margins are getting worse, so some of the crackers will likely be cutting run rates," said a North Asian naphtha trader. "Also, for March and April, end-users received maximum nomination from traders," he said, adding that this has also reduced demand for upcoming months. Formosa Petrochemical Corp is considering lowering run rates at its 2.93 mln tpa naphtha cracking complex in Mailiao.
19-Mar-13 
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