On February 2, Shangneng Petrochemical reported the price of hydrotreated naphtha at 7,070 yuan per ton, an increase of 70 yuan per ton compared to last week, with normal company shipments. PriceSeek's analysis of naphtha, with a bullish-bearish score: 1, indicates that the naphtha price has risen by 70 yuan per ton to 7,070 yuan per ton compared to last week, suggesting an improvement in market demand, normal company shipments, and stable supply. This directly benefits the spot price of naphtha, as the price increase reflects a tight supply-demand situation, likely supported by downstream demand. Score +1 (generally positive) is based on the moderate upward movement in price and the absence of negative influencing factors.
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