On February 9, Shangneng Petrochemical's hydrogenated naphtha was quoted at 7,060 yuan/ton, with a price decrease of 20 yuan/ton, and the company's shipments were normal. PriceSeek analyzed naphtha, with a long-short score: -1. The article reported that Shangneng Petrochemical's hydrogenated naphtha price decreased by 20 yuan/ton to 7,060 yuan/ton, with normal company shipments. This indicates sufficient supply or weak demand in the spot market, leading to a price decline, which constitutes a bearish factor. Normal company shipments reflect stable supply without shortage risks, but the price decrease reinforces the market's bearish sentiment. The score is -1 (generally bearish), as the decline is small (approximately 0.28%) and does not reach a significant bearish level.
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