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.
|FOB BARGES ARA (USD/MT)||MON||TUE||WED||THU||FRI|
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
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections