Naphtha Market Price Report

#1
Naphtha price went down in the last fortnight mainly due to poor support from energy market. In early the last fortnight, Naphtha prices opened with drastic slide down. In global Naphtha market, selling price reduced mainly due to weak cues from financial sectors. According to market speculators, profit margins for goods exported from Europe to U.S.A were quite thin, so fresh cargoes were move to Asian ports. By the end of the last fortnight, Naphtha price remained firm in global market.

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