Naphtha prices extend gains on Strait of Hormuz supply worries
Asia naphtha prices rose with crude benchmarks. Second-half October naphtha increased $6.50 to $881.50 per ton, as U.S. and Iranian strikes on Strait of Hormuz transiting vessels kept Gulf supply worries elevated.
S. and Iranian strikes on vessels crossing the Strait of Hormuz leaving Gulf supply concerns elevated. 50 per ton.