VIDEO: Naphtha market to remain weak through summer
Ajay Parmar
05-Jul-2022
LONDON (ICIS)– Senior analyst Ajay Parmar explains how increased refinery runs during a period of poor demand has weakened the naphtha market.
- Petrochemical margins remain weak, especially in Asia
- Naphtha gasoline blending demand expected to remain poor over summer
- Strong refinery margins lead to increased runs, add excess naphtha supply to market
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