On January 7th, Business Society reported that on January 6th, the CFR price of naphtha in Japan was 534.25 US dollars per ton, and the price difference between ethylene and naphtha processing was 39.25 US dollars per ton, a decrease of 11.75 US dollars per ton compared to the previous month.
The CFR price of naphtha in Japan is $534.25/ton, and the price difference between ethylene and naphtha processing has decreased by $11.75/ton month to $39.25/ton, indicating a deterioration in ethylene production profits, which may reduce demand for naphtha and exert downward pressure on spot prices.
The price difference between ethylene and naphtha processing has narrowed to -39.25 US dollars per ton, a decrease of 11.75 US dollars per ton compared to the previous period, indicating an intensification of losses in ethylene production, which may lead to a decrease in supply or price pressure, and have a negative impact on spot prices.
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