 Home > Chemicals Industry > International Chemical > IEA: Global naphtha demand plummets

IEA: Global naphtha demand plummets

 Last Update: 2022-09-25
 Source: Internet
 Author: User

Tags

gas dentist use

gasoline consumption year

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Recently, the International Energy Agency (IEA) released a report showing that global demand for naphtha has fallen sharply

Naphtha demand has been growing until 2022, the IEA said

With the sharp drop in demand in Asia and Europe, naphtha cracking profits began to decline sharply, approaching LPG cracking profits, also prompting petrochemical producers to use LPG exclusively

Regarding the future situation of naphtha, the IEA said that Russia's naphtha exports have recovered in recent months, while the Asian economy is gradually improving

Michael Connery, principal analyst for refining at ICIS, agrees that naphtha is being replaced by LPG or ethane in many cases for cost reasons

The naphtha market is also influenced by the crude oil market

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

4-acryloylmorpholine ACMO

CAS No.: 5117-12-4

top

$3.39/KG EXW

UV-531

CAS No.: 1843-05-6

$7-8/MT FOB

benzotriazole ultraviolet absorbers UV-P

CAS No.: 2440-22-4

$7-8/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.