Naphtha margin slips; gasoline crack gains steam

Capt. John

Asia’s naphtha refining profit margin declined on Monday in the absence of trade at the Singapore window for a fourth straight day. The crack slipped by $1.07 to $73.70 a tonne, while the backwardation in naphtha markets widened by $3.75 to $7.25 per tonne. On the demand side, China’s Panjin Haoye...

https://www.hellenicshippingnews.com/naphtha-margin-slips-gasoline-crack-gains-steam/

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