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Crude oil prices rose in September due to disruptions in US gulf coast aftermath Hurricane Harvey while geopolitical instability in Iraqi Kurdistan aided Brent to register its strongest third-quarter price performance since 2004. US crude prices jumped 4.2% on the month while Brent rose 7.6% as compared to previous month’s average. For September, Asian spot naphtha prices were up 10.4% on the month.

In China, semi dull chip offers were up US$80 a ton in the second week of December while super bright chip offers jumped US$70-85 a ton on the week. Offers for CDP chip surged US$85-120 a ton during the week.

Asian marker for semi-dull continuous spinning fibre grade chip rose US$50 a ton FOB Taiwan/Korea on the week.

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