NYH blenders are increasing premiums in an effort to source products from a robust Europe in the physical market, despite a weaker trend on paper

In our latest naphtha market commentary:

> The European market maintains its strength from last week, driven by the cessation of Russian gasoline exports in the short term and renewed petrochemical demand 

> US naphtha strengthens despite RBOB weakness; this has put pressure on RBOB/Nap and improved in the arb numbers from Europe, while is harming economics to Asia   

> The Asian market is reluctant to lower heavy naphtha premiums after the end of summer but SING 92 downtrend could impact in the short term