As of June 27, the mainstream ex-factory average price of domestic refining naphtha was 6,883.33 RMB/ ton, up 0.83% compared with 6,826.67 RMB/ ton on June 21. The actual transaction price of refining naphtha was about 6,900-7,000 RMB/ ton. The mainstream average ex-factory price of domestic refined straight run naphtha was 6,763.33 RMB/ ton, up 1.00% from 6,696.67 RMB/ ton on June 21. The actual transaction price of refined straight run naphtha was about 6,700-6,800 RMB/ ton.
The naphtha commodity index on June 27 was 84.95, unchanged from the previous day, down 17.22% from 102.62 (2012-09-24), the highest point in the cycle, and up 101.11% 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 inventory pressure in the local refineries market. As well as the rise of international crude oil, it was mainly just needed to purchase.
Industry: according to the price monitoring of SunSirs, in the list of commodity prices in the 25th week of 2021 (6.21-6.25), there were 13 kinds of commodities in the energy sector that rose month on month, including 1 kind of commodity that rose more than 5%, accounting for 6.3% of the number of commodities monitored in the sector; The top three commodities were coking coal (6.35%), thermal coal (3.47%) and coke (2.77%). There were three kinds of commodities that declined on a month on month basis, and the top three products were DME (-2.68%), petroleum coke (-2.41%) and MTBE (-0.84%). The average rise and fall this week was 1.12%.
According to SunSirs energy analysts, the international crude oil price is high in the near future, and the cost of naphtha market is supporting. As the end of the month approaches, the terminal and aromatics just need to be supported, and the pressure on refineries to ship is not great. It is expected that China naphtha price of local refineries will be stable in the near future, and some of them will fluctuate slightly.
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