Price trend

As of April 24, the average ex-factory price of the mainstream domestic refining hydrogenated naphtha was 8,323.33 RMB/ton, an increase of 0.88% compared with the price of 8,250.75 RMB/ton on April 23. The actual transaction price of local refining hydrogenated naphtha was 8,300-8,400 RMB/ton.

As of April 24, the average ex-factory price of domestic refining straight-run naphtha was 8,242.50 RMB/ton, up 0.67% from the price of 8,187.50 RMB/ton on April 23. The actual transaction price of local refining straight-run naphtha was 8,200 -8,300 RMB/ton.

Analysis review

As of the 24th, the naphtha market was trading well, refineries were actively pushing up, and the terminal olefin and reforming demand had increased. Some companies had begun to stock up before the holiday.

Market outlook

At present, the logistics is gradually recovering, and it is expected that the refining naphtha will continue to rise slightly in the near future.

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