SINGAPORE- Asia's gasoline crack sank into the red on Monday, the first time since June 2, as renewed lockdown measures and high supplies weighed, while naphtha crack also fell to its lowest since June 9.

- The gasoline crack hit a discount of 74 cents a barrel to Brent crude, compared with a small premium on July 30. The naphtha crack touched $52.08 a tonne, down from $60.43 last Thursday.

- "Gasoline demand has been disrupted," said a Singapore-based trader.

- Whether it is in Indonesia, Asia's top gasoline importer, or in the United States, the world's largest petrol consumer, demand was weak but Chinese exports are expected to be high in the third quarter. 

- "Gasoline demand fell more than gasoil or marine fuel globally, with personal mobility being more restricted than trucks, for example, which tend to carry out 'essential' services," said Philip Jones-Lux, energy market analyst at consultancy JBC Energy.

- "This makes the relative demand recoveries rather uncertain, because it will depend on the progress of the pandemic," he added.

- In Spain, automotive fuel consumption plummeted 40.3% between April and June versus the same period a year earlier to its lowest level since 1996. 

- Gasoline stocks held independently at the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub at 1.38 million tonnes in the week to Thursday was just 1.84% behind record-high volumes seen in June, data from Dutch consultancy Insights Global showed. 

- Indian Oil Corp, the country's top refiner, will continue to operate its refineries below capacity in 2020/21 as it sees local and overseas fuel demand remaining subdued, IOC Chairman S. M. Vaidya said late last week. 

- Marathon Petroleum on the other hand plans to permanently close two small U.S. oil refineries in Martinez, California, and Gallup, New Mexico, the company said. 

* NAPHTHA TENDERS: Japan's Asahi Kasei bought naphtha for first-half October at a premium of below $1 a tonne to Japan quotes on a cost-and-freight (C&F) basis, pegged to first-half September pricing formula.

- Counterpart Mitsubishi Chemical had in last week bought naphtha for first-half September delivery at premium in the mid to high single digit a tonne level to Japan quotes on a C&F basis.

- Indian refiners Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) have outstanding tenders to sell naphtha for August loading.

- India's June naphtha exports at 440,000 tonnes were the lowest volume from the country since July 2019.

* CASH DEALS: Three gasoline deals and one on naphtha.

(Reporting by Seng Li Peng; editing by Uttaresh.V) ((lipeng.seng@thomsonreuters.com ; +65 6870 3086; Reuters Messaging: lipeng.seng.thomsonreuters.com@reuters.net))