EVENING SNAPSHOT - Asia Markets Summary
21 April 2010 10:58 [Source: ICIS news]
SINGAPORE (ICIS news)--Here is Wednesday’s end-of-day
CRUDE: May WTI $84.41/bbl, up 56 cents/bbl ; June BRENT $85.68/bbl, up 88 cents/bbl
Crude futures strengthened on Wednesday, supported by a surprise fall in
At 8:30 GMT on Wednesday, the Dubai Mercantile Exchange (DME) June Oman futures contract settled at $83.52/bbl, up 31 cents/bbl on the previous close.
NAPHTHA: First-half June open-spec naphtha rose to $774.50-776.50/tonne CFR (cost and freight) Japan on Wednesday, up $9.50-10.50/tonne from earlier in the day on crude gains and healthy spot naphtha buying. The naphtha crack spread strengthened to $133.725/tonne against Brent crude, the highest since 30 March.
Second-half June was valued at $768.50-770.50/tonne CFR
BENZENE: Prices edged up further in the afternoon to $995-1,005/tonne FOB (free on board)
TOLUENE: Prices firmed to $900-920/tonne FOB
For more pricing intelligence, please visit ICIS pricing
By: Staff Reporter
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