PODCAST: NE Asia propane-naphtha spread to widen again in Aug-Sept
Zhou Shihao
12-Jun-2024
SINGAPORE (ICIS)–Propane in northeast Asia is losing its advantage over naphtha as a cracking feedstock, but the spread is expected to widen again in August-September due to higher naphtha forecast prices.
- Propane price spread over naphtha below $50/tonne for first time since end–January
- NE Asia propane firm on year-to-date high China PDH plants run rates
- Crackers using imported propane require about two months to evaluate feedstock economics
In this podcast, ICIS LPG analysts Yan Wang and Shihao Zhou discuss the current market dynamics and outlook.
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