Ethylene naphtha spread in Asia remains near record high
According to data from ChemOrbis Price Wizard, the spread between spot prices for ethylene and naphtha in Asia remains near a record high, suggesting that integrated petrochemical producers continue to enjoy healthy margins even as energy prices continue to slide...
According to data from ChemOrbis Price Wizard, the spread between spot prices for ethylene and naphtha in Asia remains near a record high, suggesting that integrated petrochemical producers continue to enjoy healthy margins even as energy prices continue to slide, with both crude oil and naphtha prices sinking to multi-year lows in the face of a strong dollar and weaker than expected global economic growth.