WHAT IS SINGAPORE NAPHTHA?
Singapore Naphtha is a volatile, colourless product of petroleum distillation. Singapore Naphtha is used primarily as a paint solvent, cleaning fluid, blendstock in gasoline production and as petrochemical feedstock.
Trading Naphtha:
Swap traders price off Platts; Free On Board (FOB) Singapore naphtha quotation; and the Cargo and Freight (C+F) Japan physical quotation. Ginga’s customer base includes Japan, China, Korea, Singapore and Europe.
Products:
- Singapore Naphtha
Contract Size:
- 50,000 Bbl per Contract for Singapore Naphtha
Categories of trading:
- Outright
- Inter-month Spreads
- Inter-product Spreads (Naphtha/Gas Oil Spread)
- Crack Spreads (Naphtha/Dubai Spread)