Commodity News
SunSirs: Energy, Naphtha Up and Down on April 29
April 30 2020 09:47:05 SunSirs (Selena)
Commodity name: naphtha
Latest price (April 29, 2020): 4,262.50 RMB/ ton
Key points: the international crude oil price has fallen sharply, which has depressed the energy market. At present, the ground refining market has a high operating rate, and the naphtha supply is sufficient, and near the end of the month, the downstream demand is limited. Low price crude oil is about to flow into the market in the near future, with strong wait-and-see mood in the downstream and cautious trading.
Market forecast: it is expected that the price of naphtha in the mainland will continue to decline in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-04-26 SunSirs: Limited Terminal Demand, High Level Decline in China Refined Naphtha Market
- 2024-04-17 SunSirs: China Refined Naphtha Continued to Rise since April
- 2024-04-03 SunSirs: China Refined Naphtha Market Continued to Rise in March
- 2024-04-02 SunSirs: China Local Refined Naphtha Market was mainly Consolidated at a High Level Last Week
- 2024-03-27 SunSirs: China Refined Naphtha Market slightly Increased Last Week
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