The reporting season for third-quarter financial results among China’s A-share listed companies has concluded. The performance of the basic chemical and petroleum/petrochemical sectors—both closely linked

Despite the fact that shipping disruptions in the Strait of Hormuz continue to impact the global chemical supply chain—taking nearly 20% of ethylene production capacity

I. Market Review for the Week: Upward Shift in Price Center, Bullish Moving Average Alignment This week, the domestic naphtha market followed a pattern of "initial

Traders and analysts report that the UAE and Kuwait have increased naphtha exports to Asia through ship-to-ship (STS) transfer operations conducted outside the Strait of

Customs data reveals that China naphtha imports totaled 703,700 tonnes in August 2026, a decrease of 510,500 tonnes (or 42.04%) from the previous month. Cumulative

On September 15, the CFR Japan naphtha price stood at $956.37/tonne, while the ethylene-naphtha processing spread was -$56.38/tonne—an increase of $26.00/tonne compared to the previous

I. Market Review: Positive Sentiment and Upward Price Shift Last week (August 26 – September 2), the domestic naphtha market broke free from its previous range-bound

According to China Chemical Industry News, international oil prices have recently retreated due to expectations of easing tensions in the Middle East. However, in early

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