14 August 2012 11:07 [Source: ICIS news]
SINGAPORE (ICIS)--Open spec naphtha prices in ?xml:namespace>
Naphtha fell by $14/tonne from Monday’s close to $933.00-935.00/tonne CFR (cost and freight)
Prices had fallen from over three-month high levels of $947.00-949.00/tonne achieved on Monday.
The September naphtha crack spread against September Brent crude futures lost 19% from Monday’s close to $78.25/tonne – the weakest since July 31 when the crack spread was $69.78/tonne, ICIS data showed.
($1 = €0.81)
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