In our latest naphtha market commentary:
> Bearish week on the OSN paper markets following Asian arb reduction and a weak petrochemical outlook
> Bearish week on the OSN paper markets following Asian arb reduction and a weak petrochemical outlook
> HFRN and Heavy specs remain strong on an Asian market still short heavier molecules and needing to pull these qualities from abroad
> MED HFRN points to Asia, Skikda Refinery arb on LR2 close to open
> The European heavy naphtha market has collapsed as summer pricing ends. Despite Total Antwerp refinery disruption, FCC naphtha and heavy reformate premiums have tumbled
> USGC heavy naphtha premium drop lower vs RBOB as the Arb to Asia widened to overcome continued high demurrage costs. MR option to NYH could settle is the price dynamics persists
