Market Commentary, Naphtha 28 March 2024 Prompt NWE naphtha strength reopens Red Sea arb; Asia to remain unattractive for West-bound cargoes while USGC to buckle from Canadian demand loss
Market Commentary, Naphtha 21 March 2024 Strong backwardation holds in Europe but only in the prompt, Asia well supplied while US faces challenging Q2
Market Commentary, Naphtha 14 March 2024 Backwardation continues to exert pressure in a European market that is displaying increasing blending margins
Market Commentary, Naphtha 7 March 2024 Asian market gains momentum for Q2 on surging petrochemical demand; European blending challenges in lower gas-nap and rising aromatic components
Market Commentary, Naphtha 29 February 2024 European market continues to hit new highs on rising petrochemical demand, but gas-nap suggests gasoline demand could have already peaked
Market Commentary, Naphtha 22 February 2024 Asia leads the uptrend and recent market movements suggest that a bottom has been reached
Market Commentary, Naphtha 15 February 2024 Europe shows first signs of weakening despite higher petrochemical demand, while Asia keeps arb closed
Market Commentary, Naphtha 8 February 2024 Supply issues, gas-nap, and strong US market drive naphtha into strong backwardation, tightening Q1 outlook
Market Commentary, Naphtha 1 February 2024 E/W cools down after overreacting to attack on the Marin Luanda and facilities in Ust Luga and Tuapse; will current values be enough to pay for Asian arb needs?
Market Commentary, Naphtha 25 January 2024 Asian market continues to rise as Cape of Good Hope alternative materialises, while gasoline demand keeps pushing for blending naphtha in Europe and Asia
Market Commentary, Naphtha 18 January 2024 Naphtha market collapse in Asia due to urgency to cover the lack of Middle East product
Market Commentary, Naphtha 11 January 2024 Balances keep tight and backwardation steepens, but the bottom looks close and US points to more exports in the coming weeks
Market Commentary, Naphtha 5 January 2024 The New Year suggests a softer market as the East is set to pull less than December highs
Market Commentary, Naphtha 21 December 2023 Asia keep pushing for more barrels but the end of Q1 looks less tight
Market Commentary, Naphtha 14 December 2023 Asia market pushing for more arb supply while Europe shows initial signs of not following the trend
Market Commentary, Naphtha 7 December 2023 Asian naphtha rally heats up Europe, but fundamentals still questionable going forward
Market Commentary, Naphtha 30 November 2023 Asian bullishness drags Europe higher, but some supports still to reverse
Market Commentary, Naphtha 23 November 2023 Prompt optimism continues but early signs of a correction emerge in Asia
Market Commentary, Naphtha 16 November 2023 Cracks and spreads soar, stronger NY market, but blending demand support is set to fade
Market Commentary, Naphtha 9 November 2023 Brent collapse boosts naphtha cracks while Panama delays impact Asian propane-nap spreads and eastbound arb prospects
Market Commentary, Naphtha 2 November 2023 Crack rebound looks overdone on weak fundamentals outlook as physical premiums remain sluggish
Market Commentary, Naphtha 27 October 2023 Timespreads plummeting in a weak market while E/W after big spike on geopolitical risk. Limited support from gasoline blending where octane values pull heavy naphtha premiums
Market Commentary, Naphtha 19 October 2023 Cracks under pressure from strong crude, cheap propane, but rebounding gasoline helps take bearish edge off of Q4
Market Commentary, Naphtha 13 October 2023 Spreads tumble though Asia remains in backwardation, Gas-Nap narrows as a potential demand side bright spot amid RBOB weakness
Market Commentary, Naphtha 6 October 2023 Weak gasoline adds bearish pressure to naphtha demand for blending while E/W collapses after reaching $10/mt
Market Commentary, Naphtha 28 September 2023 NYH blenders are increasing premiums in an effort to source products from a robust Europe in the physical market, despite a weaker trend on paper
Market Commentary, Naphtha 22 September 2023 Europe leads the strength on the naphtha market while Asia pushes E/W as both compete for Mediterranean barrels
Market Commentary, Naphtha 14 September 2023 US strength set to reverse flows in the prompt as NYH pulls European volumes and USGC shuts export avenues
Market Commentary, Naphtha 7 September 2023 Asia holds on while Europe faces a challenging Q4 for open-spec naphtha
Product Update, Naphtha 4 September 2023 Introducing Sparta for Naphtha: Empowering Naphtha Traders with Unparalleled Market Intelligence
Market Commentary, Naphtha 18 August 2023 Backwardation softens as Russian flows to Asia pick up through August
Market Commentary, Naphtha 10 August 2023 The naphtha market extends its summer gains with Asia continuing to lead the way
Market Commentary, Gasoline, Naphtha 7 February 2023 Market coming off hard, but European Mogas comparatively well-supported
Market Commentary, Gasoline, Naphtha 30 January 2023 Bullish overtones continue as gasoline market looks to spring