Episode 1195: NE Asia propane-naphtha spread to widen again in Aug-Sept

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 the first time since end-JanuaryNE Asia propane firm on year-to-date high China PDH plants run ratesCrackers 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.