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SunSirs: Energy, Views on Naphtha Up and Down on April 20
April 21 2020 10:32:46SunSirs(Selena)

Commodity name: naphtha

Latest price (April 20, 2020): 4,592.50 RMB/ ton

Key points: the international crude oil price continues to fall, which depresses the energy market. The downstream demand is limited. In the near future, the refining supply has increased, and the inventory pressure is large.

Market forecast: it is expected that the price of naphtha in the mainland will decline slightly in the short term.

 

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