European Naphtha Traders Move Up Prices on Higher Purchasing Interest

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17 Sep 2012 12:42 Helen Clark

CHEMMONITOR.COM – An unexpected raise of the buying interest was registered in the European market for naphtha about a week ago.

The increase is attributed to the hike of prices for propane on the back of purchases boost amid customers based in countries of both Latin America and Asian, while deliveries from Middle Eastern traders dropped considerably.

The supply decrease led to the lessening of the premium of propane to naphtha.

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