Bears Prowl Asian Products

摘要

Asian products mostly saw bearish demand backgrounds last month,as naphtha,jet fuel and fuel oil prices all struggled with plentiful supplies.While gasoline at first seemed threatened by the same fate,demand started to pick up and supply tightened in China as imports were cut drastically.Gas oil supply was also tight on higher exports out of the region and fewer incoming volumes from the Middle East,and demand was steadied by Vietnamese buying.