Europe naphtha cracks turn positive, hit 18-month high

Europe naphtha cracks turn positive, hit 18-month high
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03.07.2020

MOSCOW (MRC) -- Northwest European CIF naphtha cracks have flipped positive and hit an 18-month highВ last week amid tighter supplies and robust demand, reported Chemweek with referenceВ to OPIS and IHS Markit data. The naphtha/Brent crude crack spread, a measure of naphtha's margin for refiners, reached 10 cents/bbl at the close of business on 22 June, and remained positive at 3 cts/bbl

Full article at mrcplast.com

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