On July 21, the CFR Japan naphtha price stood at $855.25/tonne, while the ethylene-naphtha processing spread was -$180.25/tonne—a decrease of $15.50/tonne from the previous period. With

Core View: The naphtha market continued its downward trend this week. Weak international oil prices combined with a sharp drop in downstream demand created a

On June 22, the CFR Japan naphtha price stood at $674.50/ton, while the ethylene-naphtha processing spread was -$54.50/ton, marking a month-on-month increase of $2.00/ton. With the

On June 8, the CFR Japan naphtha price stood at $780.13/tonne, while the ethylene-naphtha processing spread was -$110.13/tonne—a month-on-month decrease of $42.63/tonne. With the CFR Japan

Middle East exports account for nearly 70 percent of global naptha shipments, and the Strait of Hormuz is a hard-to-replace bottleneck.

According to China Chemical Industry News, the 2026 Asia Petrochemical Industry Conference (APIC 2026) was held in Fukuoka on May 28–29 under the theme "Uniting

According to Sina Finance, Covestro—a global leader in the chemical industry—recently announced that its MDI products across all end markets in North America are subject

Amidst persistent tensions in the Middle East, shipping traffic through the Strait of Hormuz—a vital artery for global crude oil transport—has been disrupted. This has

On May 14, the CFR Japan price for naphtha stood at $1,020.50 per ton. The ethylene-naphtha processing spread was -$90.50 per ton, representing a month-on-month

According to a report by Xinhua News Agency citing US media on the 28th, US President Trump has told his aides to prepare for a

As of April 21, the CFR Japan price for naphtha stood at $900.00 per ton, while the ethylene-naphtha processing spread reached $220.00 per ton—an increase

According to Sina Finance, Petrochemical profits are affected by the dual factors of ‘rising costs and tightening supply’; large-scale refining and petrochemical enterprises are more

On April 14, the CFR Japan price for naphtha stood at $1,036.50 per ton, while the ethylene-naphtha processing spread reached $138.50 per ton—a month-on-month increase

"Security, cheapness, and cleanliness" are the three elements of energy, and this Middle East crisis highlights the "security" element, which is beneficial for fossil energy

On April 13, the CFR Japan price for naphtha stood at $1,074.00 per ton, while the ethylene-naphtha processing spread was $101.00 per ton—a month-on-month decrease

On April 8th, the CFR price of naphtha in Japan was $1161.50 per ton, and the price difference between ethylene and naphtha processing was $38.50

Recent synthetic fiber market prices have continued to rise, with significant increases in mainstream varieties such as polyester and nylon. This round of price hikes

On April 1st, the export volume of US naphtha rose to a record high. According to Kpler data, the export volume of US naphtha has

Abstract: CICC believes that although the rise in oil prices has a negative impact on the total export volume, two major structural positive effects may