Asian naphtha profit margins hit lowest in over a decade
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Article by:
Seng Li Peng, Reuters
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Date Published:
June 10, 2019
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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.
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