Naphtha Prices Drop for 2025 Contracts Due to Weak Demand and Oversupply
Naphtha prices for 2025 contracts have dropped slightly due to weak demand in the petrochemical industry and a supply glut. Several Asian companies, including South Korea’s YNCC, Singapore’s PCS, and Taiwan’s Formosa Petrochemical, have signed contracts for naphtha at lower premiums compared to 2024 prices. This marks a shift in the market as companies are […]
