Rising naphtha pices are outpacing those for both gasoline and heating oil across the globe amid strong competition for i feedstock for key light products.IN Europe,refiners are juggling cut points to meet strong demand for both naphtha and the adjacent distillation fraction jet fuel.In the US,reforming grades of naphtha used for gasoline production have become more expensive flan gasoline itself.Asia-Pacific is relatively weak,but demand from petrochemical companies is rising and win jump sharply later mis year when China starts up three new naphtha crackers (AGM,26 July,pS).
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