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Updated to Q4 2019
Western origin naphtha deep-sea cargo flows to Asia are expected to stay relatively consistent, which may well limit any potential bullish upsurge in market fundamentals. Estimated monthly volumes are close to 1m tonnes in the early part of the fourth quarter, less than average monthly volumes at around 1.4m tonnes in the third quarter.
Steady, if not healthy, spot naphtha demand for petrochemical production from northeast Asia outlets is expected to lend market support in soaking up regional supply in the fourth quarter. Expansions in downstream olefins cracker capacities could encourage demand for the feedstock in the short term.
We offer the following regional Naphtha analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia Naphtha marketplace.
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Commentary shows the latest market movement and weekly prices, it is a very fast moving market with lots of factors influencing supply and demand and therefore the price.
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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.
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