Asian Naphtha Prices Reach More Than Five-Month High
Asian naphtha prices climbed to their highest level since May 4, tracking crude benchmarks as renewed Gulf escalation fueled concerns about a longer supply disruption, traders said. First-half December cargo rose to $1,060 per metric ton.
Asia's naphtha prices climbed to the highest level since May 4 on Friday in tandem with crude oil benchmarks as renewed geopolitical escalation in the Gulf triggered concerns about a longer supply disruption, traders said.The price of first-half December cargo rose to $1,060 per metric ton and the…