SunSirs--China Commodity Data Group

Sign In

Join Now

Home > Commodity News > News Detail
Commodity News
SunSirs: China Local Refining Naphtha Prices Rose slightly Last Week (April 26-30)
May 08 2021 14:05:50SunSirs(Selena)

As of April 30, the mainstream ex factory average price of domestic refining naphtha was 6,487.50 yuan / ton, up 0.19% compared with 6,475.00 yuan / ton on April 26. The actual transaction price of refining naphtha was about 6,500 yuan / ton. As of April 30, the mainstream ex factory average price of domestic refining straight run naphtha was 6,345.00 yuan / ton, up 0.48% compared with 6,315.00 yuan / ton on April 26. The actual transaction price of refining hydrogenated naphtha was about 6,400 yuan / ton.

On April 30, the naphtha commodity index was 80.07, unchanged from the previous day, down 21.97% from 102.62 (2012-09-24), the highest point in the cycle, and up 89.56% from 42.24, the lowest point on July 19, 2016(Note: period refers to the period from September 1, 2012 to now)

Last week, the price of naphtha from local refineries rose slightly. There was no pressure on the inventory of refineries, and the transaction was good.

Industry: according to the price monitoring of SunSirs, in the 17th week of 2021 (4.26-4.30), there were 12 kinds of commodities in the energy sector that rose on a month on month basis, including 1 kind of commodity that rose by more than 5%, accounting for 6.3% of the number of commodities monitored in the sector; The top three commodities were WTI crude oil (5.14%), coke (4.81%) and petroleum coke (3.01%). There were three kinds of commodities that declined on a month on month basis, and the top three products were LPG (-2.56%), MTBE (-1.27%) and LNG (-0.11%). Last week, the average rise or fall was 1.25%.

SunSirs energy analysts believe that the naphtha market has been affected by the rise of international crude oil recently, and the price fluctuates slightly. There is no inventory pressure, downstream and cost support. It is expected that the naphtha price of local refining will be stable and upward after May Day in China.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products