10 August 2012 03:37 [Source: ICIS news]
(adds fifth paragraph)
Open-spec naphtha prices increased to $935-938/tonne (€757-750/tonne) CFR (cost and freight)
September Brent crude futures settled $1.08/bbl higher at $113.22/bbl on Thursday, as tight supplies in the
Asian naphtha prices closed at $922.50-924.50/tonne CFR Japan on Wednesday, up $9/tonne from Tuesday, ICIS data showed. The
At the close of trade on Wednesday, the Asian naphtha crack spread for second-half September widened to $87.48/tonne against Brent crude futures, according to ICIS data. The crack spread was assessed at $86.65/tonne on Tuesday, compared with $96.13/tonne on 1 August, ICIS data showed.
($1 = €0.81)
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