In our latest naphtha market commentary:
> E/W keeps climbing closer to long term average supported on European weakness and Asian rebound on lower refinery runs
> E/W keeps climbing closer to long term average supported on European weakness and Asian rebound on lower refinery runs
> The rebound in gas-nap has incentivized blending activity. RBOB has outperformed EBOB, leading the rebound on the gasoline side and SING 92 climbs as well despite higher Japanese inventories
> High propane stocks in the US suggest that there will be little switching to naphtha by flexi crackers this winter
> The strength of NYH naphtha, along with the rebound in RBOB, is altering the export prospects for USGC
