Asia naphtha spirals lower on crude oil slide; prices at 17-year low

摘要

SINGAPORE (ICIS)--Asia naphtha prices extended falls in the wake of frail demand and weakness in crude oil futures, while spot cargo premiums continued to sink. Open-specification naphtha prices stood at $244.00/tonne CFR (cost & freight) Japan basis for first-half May delivery, falling by $26.50/tonne from the previous day’s Asia close.