December 2025 brought modest increases in the sentiment of the Naphthalene market in the United States as balanced supply and demand were met with typical purchasing activity. Production capacity was adequate since refiners and processors continued to be active at their typical levels of operation, resulting in no major production issues. The logistics systems allowed for the continuous movement of product into the Gulf Coast region, resulting in a sufficient amount available to meet both contract and spot demand. Demand from downstream customers remained consistent but depressed, primarily due to its use in construction-type applications and plasticizers. In addition, consumption of dyes, resins and intermediates was variable, depending on market conditions. Most customers maintained conservative procurement policies and took advantage of their ample inventories. Consequently, overall market conditions remained stable with respect to established market equilibrium fundamentals and a steady short-term outlook through early 2026.
