Naphtha Prices Stabilize Near 507 Dollars as Market Corrects Data Anomaly

Market Correction

After a brief period of pricing distortion in some data feeds, the global benchmark has settled back into the $500-$520 range. This correction aligns Naphtha with the current reality of Brent crude pricing ($63/bbl) and weak downstream plastics demand.

Feedstock Economics

Despite the correction, Naphtha faces continued pressure from LPG (Propane/Butane). Flexible crackers in Asia are maximizing LPG intake, limiting Naphtha's upside even as refinery supplies tighten slightly due to maintenance.