During the week ending on February xx, global Naphtha prices experienced a decline. In Germany, the market saw a drop due to sluggish market offtakes, while adverse weather conditions slowed down bunker barge reloading, further impacting demand. Similarly, in the APAC region, South Korea witnessed a decrease attributed to a decline in the manufacturing sector. Both Japan and the US also observed declines in Naphtha prices, reflecting global fluctuations influenced by factors like production levels and geopolitical changes.
In European Regions, Naphtha prices underwent a decline in the week ending on February xx. After a significant surge in the previous week, the German market experienced a notable decrease of nearly xx, with Naphtha prices dropping from xxx USD/ton to xxx USD/ton. Despite an uptick in upstream crude oil, prices saw a decline across most European countries, including Dutch and British markets. The demand that had picked up...
