Asia's naphtha prices, margins hit 2014 highs on demand growth, costly LPG
Mohi Narayan - Reuters
October 21, 2021
Who was cited:
Armaan Ashraaf, Consultant - FGE
Asia's naphtha prices and refining margins jumped to their highest since 2014 propelled by strong demand growth for the petrochemical feedstock and as alternative liquefied petroleum gas (LPG) becomes expensive amid a global power crunch.