Asia naphtha refining margin eases as crude benchmarks rise
Asia’s naphtha refining margin eased Tuesday as crude oil benchmarks rose. The crack fell about $18 to $174.03 per metric ton over Brent. Demand stayed high with reduced Gulf supplies.
Asia's naphtha refining margin eased on Tuesday after crude oil benchmarks rose, but the downside was limited amid high demand and reduced supplies from the Gulf.The crack fell about $18 to $174.03 per metric ton over Brent crude.In tenders, Lotte Chemical bought first-half October cargo at a premi…