The European naphtha market was relatively stable on the day, with healthy demand seen from petrochemicals producers, sources said Dec. 16. Despite LPG alternatives to naphtha feedstocks seeing pressure in flat price terms, leading to discounts to naphtha, there remained support for the latter. Some issues in Northwest European crackers, such as Dow's in Terneuzen, appeared to be being gradually resolved with the petchems producer receiving feedstocks again. Market participants said two of Dow's three crackers at Terneuzen had resumed, with operations at the third the remaining uncertain. No significant demand change was observed on the day for naphtha blendstocks, with demand for transportation fuels still volatile amid rising COVID-19 cases in Europe and globally. However, the European naphtha complex overall remained robust ending 2021, with market participants expecting the strength to continue. "It will be...