Asia’s naphtha refining profit margin declined on the first trading day of the New Year, and the contango structure in markets narrowed by $1.50 per tonne. The crack slipped to $14.20 a tonne on Tuesday after crude oil prices rose, compared with $21.13 a tonne on Friday. The front-month second-half...
https://www.hellenicshippingnews.com/naphtha-margin-declines-gasoline-rises/