Asia Naphtha/Gasoline-Naphtha margin steady, backwardation widens

Capt. John

Asia’s naphtha refining margins stayed strong on Wednesday due to a persistent rise in prices of alternative feedstock and a weakness in wider crude oil markets. The crack traded at a premium of $33.55 a metric ton over Brent crude and the backwardation in naphtha prices widened to $4 per ton, LSEG...

https://www.hellenicshippingnews.com/asia-naphtha-gasoline-naphtha-margin-steady-backwardation-widens/

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