On January 9, Shangneng Petrochemical's hydrogenated naphtha was quoted at 6,850 yuan/ton, an increase of 20 yuan/ton compared to the previous pricing day, with normal shipments from the company. PriceSeek's analysis of naphtha, with a bullish-bearish score of 1, indicates that the price increase of 20 yuan/ton to 6,850 yuan/ton for Shangneng Petrochemical's hydrogenated naphtha, along with normal shipments, suggests an increase in spot market demand or tight supply, smooth sales without inventory pressure, which is favorable for spot prices. In the context of the current market, as a raw material for the petrochemical industry, the price increase in naphtha reflects robust downstream demand, providing support for spot prices.