Naphtha Prices Surge, Prompting Refining and Chemical Firms to Accelerate Integrated Transformation
2025-01-21 / Read about 0 minute
Author:小编   

Since the start of January, local refinery naphtha prices in Shandong have witnessed a slight correction following a prolonged uptrend. Notably, prices surged particularly rapidly in mid-January, with a single-day increase hitting a nearly five-year high on January 11. Zhang Jinyi, an analyst at Zhuochuang Information, emphasized that this round of price hikes was primarily fueled by the refined oil product market and is anticipated to undergo some correction in the latter half of January. Many experts concurred that with the advancement of the "dual carbon" goal and the accelerating transformation of the refining and chemical industry, naphtha will assume an even more pivotal role in the process of refining and chemical integration.