Naptha is a lightweight hydrocarbon.
Who trades it?
Primarily a feedstock for high-octane gasoline.
The Story behind the Traders
Trafigura is a Dutch company founded in 1993 established by Claude Dauphin and Eric de Turckheim. They have been involved in a number of scandals including waste dumping in Cote d'Ivoire.
Glencore was started by Marc Rich, credited for creating the spot market for crude oil in the 1970s. It was formerly known as Marc Rich & Co. AG.
Who trades it?
- Vitol (primarily a physicals trader) trades about 14m tonnes of naptha per year.
- Trafigura has naptha trading teams in Geneva, Houston and Singapore
- Glencore - has been reported to buy naptha every so often direct from refiners like Essar
Primarily a feedstock for high-octane gasoline.
The Story behind the Traders
Trafigura is a Dutch company founded in 1993 established by Claude Dauphin and Eric de Turckheim. They have been involved in a number of scandals including waste dumping in Cote d'Ivoire.
Glencore was started by Marc Rich, credited for creating the spot market for crude oil in the 1970s. It was formerly known as Marc Rich & Co. AG.
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