NewsFlashAsia’s naphtha prices surge past $900/tonne on crude gains

08 July 2013 02:42  [Source: ICIS news]

SINGAPORE (ICIS)-Asia’s naphtha prices rose to above $900/tonne (€702/tonne) CFR (cost & freight) Japan in early trade on Monday, extending crude-driven gains as Brent crude futures inched towards $108/bbl.

Open-spec second-half August prices rose by $15.50-16.50/tonne from prices on 5 July to $904.50-907.50/tonne CFR Japan, ICIS data showed.

($1 = €0.78)

By: Felicia Loo

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