Europe naphtha-gasoline price spread down 93% week on week

31 October 2013 18:20  [Source: ICIS news]

LONDON (ICIS)--The price spread between naphtha and gasoline has fallen by 93% week on week, ICIS data revealed on Thursday.

The price spread has been narrowing since the middle of last week. The narrower the price spread, the weaker is the naphtha demand for gasoline production.

 THIS WEEK 21 16 10 2 N/A
 LAST WEEK 50 45 30 27 27

Gasoline versus naphtha average price differential

Naphtha is used as a blending component in gasoline stocks, especially those exported to the key US market.

($1 = €0.73)

Follow Cuckoo James on Twitter

By: Cuckoo James
+44 (0) 208 652 3214

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