10 August 2012 11:31 [Source: ICIS news]
Scheduled maintenance at a couple of key Indian refineries, meanwhile, would lead to tighter naphtha supply going forward, they said.
The Asian naphtha crack spread for second-half September rallied to $99.65/tonne against September Brent crude futures, the strongest since 14 May, according to ICIS data.
“The reforming margin is still strong,” said a trader, referring to the price spread between motor gasoline and naphtha.
Asian gasoline supply is currently in a shortfall, because refinery upsets in the
Refinery shutdowns in
($1 = €0.81)
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