In our latest naphtha market commentary:
> Asian demand boost driven by improved cracker demand and higher ethylene, butadiene prices
> Reflection of the trend in E/W as Asia attempts to enhance arbitrage economics from Europe
> Gas-nap trending lower and scarcity of aromatics keep harming European blending margin
> Thin PADD 3 gasoline stocks and lower-than-average refinery operation rates could stimulate naphtha prices in the short term