Naphtha Prices, markets & analysis
ICIS publishes pricing information which you can use in settlements and contracts in order to optimise your deals and negotiations.
Use the independent price assessments and market coverage in our price reports to track the regional Naphtha market.
Use ICIS information to:
- Understand price drivers and fluctuations
- Develop internal analytical models
- Negotiate deals with confidence
Naphtha Europe Transcript
The ICIS European naphtha report is a weekly report which contains all the latest market commentary and weekly prices for the market. It is a very fast moving market with lots of factors influencing supply and demand and therefore the price.
ICIS speaks to a wide range of contacts including buyers, traders, producers and brokers.
Drawing on this broad base of information enables ICIS to offer a comprehensive commentary on market events and also form an accurate, balanced and objective view of market activity, and any trends which might be occurring, and where possible contacts sometimes make forecasts of where the market might head next.
Whether you are a producer, buyer, broker or even consumer, having access to this information about latest market events and prices is very valuable in order for you to make informed business decisions and this report will enable you to do that.
Naphtha news and market information products from ICIS
We offer the following regional Naphtha coverage to keep you informed of factors and developments affecting prices in the Europe Naphtha marketplace.
Price Reporting – More information about the price reports we publish on Naphtha
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
Related products – You might also be interested in the information we publish on these related products
You may also find useful
News & analysis
News & Analysis - News & market analysis specifically relating to Naphtha
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q4 2014
Northwest European naphtha cargo spot prices were on a sharp downward spiral in the fourth quarter of 2014.
In mid-December, northwest European naphtha prices fell below $500/tonne for the first time in five-and-a-half years as upstream Brent futures dropped below $65/bbl.
Naphtha cargo values had begun trading in the $500s/tonne CIF (cost, insurance, freight) NWE (northwest Europe) in late November. Prices were as high as $700/tonne in mid-October.
The rapid erosion in naphtha values was attributed to upstream Brent crude oil futures which declined close to 45% by mid-December from its yearly peak of $115/bbl in June.
Naphtha itself has dropped by 50% from a yearly high of $976/tonne in June to trade at $490/tonne on 10 December.
Naphtha values were last seen below $500/tonne in May 2009.
Naphtha fundamentals continue to be weak with oversupply plaguing the market.
Europe is structurally long on naphtha and needs to export product to the Asian petrochemical and the US gasoline sectors to balance stocks.
Demand from the US gasoline sector was unexceptional, and traders were under pressure to find arbitrage opportunities to Asia.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Naphtha.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Naphtha. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enable you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Naphtha, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.