SAMPLE : NAPHTHA DAILY REPORT

1. O/S:

Crude looks about 10-15 cents lower than yesterday(Based on Brent Aug 35.50/Aug 35.45)

Notionally;    

1H Aug:356.25-359.25          2H Aug:357.75-360.75

1H Sep:359.00-362.00          2H Sep:359.25-362.25

1H Oct :359.00-362.00          2H Oct: 358.00-361.00

2. Spread:  

                                                                2H Jul/2H Aug:     -4.50(n)/-3.50(n)

 1H Aug/1H Sep: -3.00(n)/-2.50(n)             2H Aug/2H Sep:   -1.75(n)/-1.25(n)

 1H Sep/1H Oct:  -0.25(n)/0.50(n)             2H Sep/2H Oct :    0.50(n)/ 2.00(n)

 1H Oct/1H Nov:    1.50(n)/2.75(n)

3. Fob Singapore: Freight (Singapore -->Japan;ws 265--->$2.40/bbl)
(AG --->Japan; LR1: ws225--->$35.00/mt,  LR2:ws 202--->$30.00/mt). 

 Jul: 37.50-37.70          Aug: 37.55-37.75      Sep: 37.35-37.55

4. NWE:  expects;

Jul: 345.00-347.00(3.45)      Aug: 343.00-345.00(3.35)       Sep: 341.50-343.50(3.37)       Oct: 339.50-341.50(3.47)

Q3: 343.00-345.00 (3.35/3.45)              Q4: 337.50-339.50 (3.55/3.65) 

Q1: 330.00-332.00 (3.60/3.75)              Q2: 315.00-317.00 (2.75-2.85)