Asia naphtha prices fall with crude losses, Gulf supply concerns limit
Asia's naphtha prices dropped on Thursday alongside declines in crude benchmarks, with the fall capped by lingering Gulf supply concerns. First-half November cargo eased $22 to $942.75/mt and the market stayed steeply backwardated.
Asia's naphtha prices fell on Thursday alongside losses in crude oil benchmarks, though the downside was capped by ongoing supply concerns from the Gulf. 75 per metric ton. The market remained steeply backwardated, with th…