Commodity News
SunSirs: It is Expected that Naphtha Refining in the Near Future may Decline Slightly
March 21 2023 14:08:37On March 20th, the benchmark price of naphtha for SunSirs was 8286.50 RMB/ton, an increase of 0.79% compared to the beginning of this month (8221.50 RMB/ton).
Analysts from t SunSirs believe that the sharp decline in international crude oil this week has exacerbated market pessimism. The reorganization of local refining naphtha terminals just requires replenishment, a small amount of ethylene demand is released, market trading is cold, terminal demand is weak, and refinery shipments are positive. It is expected that local refining naphtha may be slightly down in the near future.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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