|Currency||US$ (Data can also be provided in local currency)|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Naphtha Prices: https://www.procurementresource.com/resource-center/naphtha-price-trends/pricerequest
Naphtha is a group of flammable, volatile liquid hydrocarbon mixtures that are typically used as diluents, solvents, or raw ingredients in the production of gasoline.
There are many different varieties of naphtha, and each one contains a special combination of various types and concentrations of hydrocarbons. There are unique handling and storage recommendations for each kind of naphtha that refineries generate. Numerous types of naphtha can be made in refineries.
Fractional distillation of the crude oil results in the creation of naphtha. Through fractional distillation, petroleum and crude oil distillates are collected, and the distillates are collected based on the temperature range. The top distillate, naphtha, can be heated to a maximum of 170 °C.
The top naphtha producing countries are Netherlands, Finland, Kuwait, Bahamas, Norway, Iraq, Sweden, and Greece.
Key Details About the Naphtha Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the naphtha price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The naphtha price trends, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Naphtha Price Trend:
Both light and heavy naphtha are used in a wide range of industries. Naphtha is the main feedstock used in the petrochemical industry. 20% of the manufactured naphtha is used by the petrochemical industry.
It is employed in the manufacturing of aromatics and olefins such benzene, butadiene, ethylene, toluene, and propylene.
Olefin-rich naphtha is mostly used as a feedstock in the creation of low-cost, high-octane diesel, The usage of naphtha increased in both developing and developed economies as a result of quickening urbanisation and an escalating world population.
- China Petrochemical Corporation
- Reliance Industries Limited, Shell Chemicals
- Exxon Mobil Corporation
- Indian Oil Corporation Limited
News and Events:
- October 2022: LG Chem shut down the naphtha crackers in South Korea for a seven-week maintenance period. The region’s petrochemical supply was impacted during the maintenance.
- Natural Gas Price Trend – https://www.procurementresource.com/resource-center/natural-gas-price-trends
- Natural Latex Price Trend – https://www.procurementresource.com/resource-center/natural-latex-price-trends
- Natural Rubber Price Trend – https://www.procurementresource.com/resource-center/natural-rubber-price-trends
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Company Name: Procurement Resource
Contact Person: Chris Byrd
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA