Naphtha rallies on petchem strength
As most refined products struggle to find demand through the pandemic’s destruction, naphtha has found itself riding on a three-year high crack spread, supported by petrochemical demand.
S&P Global Platts Associate Editorial Director Francesco Di Salvo discusses the unusual strength in naphtha prices with pricing reporters Evridiki Dimitriadou and Joe Mcdonnell, as well as the limitations for the feedstock following pressure from gasoline blending.
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