On January 6, Shangneng Petrochemical's hydrogenated naphtha was quoted at 6,830 yuan/ton, with the price rising by 30 yuan/ton compared to the previous pricing day. The company's shipments were normal. PriceSeek's analysis of naphtha shows a long-short score of 1. Shangneng Petrochemical's hydrogenated naphtha price increased by 30 yuan/ton to 6,830 yuan/ton, with normal company shipments, indicating that stable market demand supports the price strength. This pricing adjustment reflects a tightening supply-demand balance in the naphtha spot market, possibly due to a recovery in downstream refining or chemical demand, which is favorable for short-term spot price trends. Considering the current market environment, although the increase is moderate, it reinforces bullish expectations, providing a general positive outlook for spot holders.
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