On January 30, Shangneng Petrochemical reported the price of hydrogenated naphtha at 7,000 yuan/ton, an increase of 150 yuan/ton compared to the previous pricing day, with normal product shipments from the company. PriceSeek's analysis of naphtha indicates a bullish-bearish score of 1.5. The article reports that naphtha prices have risen by 150 yuan/ton to 7,000 yuan/ton, with normal company shipments, suggesting robust market demand or tight supply, which provides positive support for spot prices. This increase of approximately 2.14% represents a moderate positive development in the petrochemical product sector. Combined with smooth company shipments and no signs of inventory accumulation, it is expected that short-term spot prices will continue to strengthen.
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