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European cracks tumble on low petrochemical demand, Asian weakness


Andrew Bonnington , Platts senior managing editor for EMEA clean products, explains the recent weakness and return to contango in the European naphtha market. Cheap LPG and thin Asian cracking demand are dampening appetite for European naphtha grades with little immediate prospect on the horizon for a rebound.


This is the latest in a series of weekly podcasts aimed at highlighting significant news stories from around the energy world. Check back every week for the latest update.


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