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Naphtha Market Value Expected to Hit Record Heights in 2025

Naphtha Market Value Expected to Hit Record Heights in 2025

Naphtha markets are seeing a divergence in regional pricing. While the global market size is expanding toward a record $123.8 billion, North American spot prices have eased to approximately $510 per ton, tracking the broader decline in crude oil.

Naphtha Prices Ease Following Broader Energy Market Weakness

Naphtha Prices Ease Following Broader Energy Market Weakness

Naphtha prices eased by 1.29% to settle at $499.34 per ton. The commodity is under pressure as the global oil surplus and falling gasoline prices drag down the broader energy index, despite steady demand from the petrochemical sector.

Naphtha Falls to Multi Week Low on European Oversupply and Weak Blending

Naphtha Falls to Multi Week Low on European Oversupply and Weak Blending

Naphtha prices continued to weaken, trading at a multi-week low. The market is struggling with a persistent imbalance driven by European oversupply and declining demand from the gasoline blending sector, compounded by competitive alternative feedstocks.

Naphtha Continues to Drop Amidst European Oversupply and Feedstock Competition

Naphtha Continues to Drop Amidst European Oversupply and Feedstock Competition

Naphtha prices are facing continued downward pressure, primarily driven by a market imbalance characterized by oversupply in Europe and diminishing demand from the gasoline blending sector. Competition from cheaper alternative feedstocks is adding to the bearish sentiment.

Naphtha Markets Diverge as Europe Weakens While Asia Remains Tight

Naphtha Markets Diverge as Europe Weakens While Asia Remains Tight

The global naphtha market continues to tell a tale of two regions. European prices are softening due to oversupply, while the Asian market remains tight, supporting prices near $511 per metric ton.

Regional Divergence - Asia Strength Contrasts with European Weakness

Regional Divergence - Asia Strength Contrasts with European Weakness

The global naphtha market is split, with strong demand in Asia driving prices up, while Europe faces oversupply and weak demand. The widening 'East-West' spread is incentivizing cargo movements to Asia.

Naphtha Falls Amid European Oversupply and Competition from LPG Feedstocks

Naphtha Falls Amid European Oversupply and Competition from LPG Feedstocks

Naphtha prices are under pressure, continuing the bearish trend driven by regional oversupply in Europe and diminishing demand from gasoline blenders. The key challenge is competition from increasingly cheaper gas-based feedstocks.