Asia naphtha hits near four-month peak on crude gains

摘要

SINGAPORE (ICIS)--Asia’s naphtha prices rose to nearly a four-month high on Wednesday, supported by rising crude futures, traders said. First-half June open-spec naphtha prices were on an upward trajectory, closing up by $16/tonne from 26 April to $420.50-422.50/tonne CFR (cost and freight) Japan - the highest level since 5 January, according to ICIS data.