Weak gasoline adds bearish pressure to naphtha demand for blending while E/W collapses after reaching $10/mt

In our latest naphtha market commentary:

> The bearish trend in the gasoline market is confirmed on both sides of the Atlantic with significant drops in RBOB and EBOB spreads 

> Lower demand for blending is harming heavy naphthas on Europe in a challenging outlook for the winter season 

> E/W reached $10/mt due to bearish pressure in the European leg but a week end of the season in Asia has take it back to last weeks values

> USGC is setting the bullish tone in the naphtha market at the moment specially on the heavy side