Asian naphtha profit margins hit lowest in over a decade
Seng Li Peng, Reuters
June 10, 2019
Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
Profit margins in Asia for making the petroleum product naphtha have turned negative and are at their lowest in over decade amid a weakening global economy and tepid demand due to large-scale processing unit outages.