NewsFlashAsia naphtha falls on crude; crack spreads at 5-month low

07 October 2013 10:34  [Source: ICIS news]

SINGAPORE (ICIS)--Asia’s open-spec naphtha prices spiralled down on Monday on falling crude futures, with the crack spread tumbling to a five-month low on surplus cargo availability, traders said.

The second-half November contract fell to $890.25-892.25/tonne CFR Japan, down by $14.25/tonne from 4 October, ICIS data showed.

By: Felicia Loo

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly