Asia’s gasoline blenders keen to boost octane as reforming spread hits over 9-month high

The substantial expansion in the Singapore reforming spread, fueled by relatively high gasoline values and a weak naphtha complex, has pushed gasoline blenders to use more naphtha which lowers octane levels, market sources said. However, with peak US summer gasoline demand season right around the corner, along with a wide inter-RON spread, gasoline blenders were eager to produce higher octane…