Asia light ends: Key market indicators for Aug. 16-20

Capt. John

Asia’s light end markets were weaker in mid-morning trade on Aug. 16, as the spread of the ‘Delta’ variant of the coronavirus in China dampened demand sentiment, compounding concerns over higher Chinese gasoline exports. Naphtha declined on lower crude, while spot paraffinic naphtha’s cash differentials were weakened by narrowing olefin margins. LPG is awaiting Saudi …

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