Naphtha futures extended their decline to below $660 per tonne in mid-August, a level not seen since December 2021 and nearly 50% down froth the decade-high of $1,122 hit in early March, tracking the slide for other oil-derived commodities as recession concerns pressured crude oil prices. The decline was exacerbated by poor industrial production data from China for July, pointing to a sluggish restart of economic activity after the strict Covid lockdowns from the second quarter. Bearish pressure was also due to prolonged signals that central banks intend to continue their hawkish momentum to curb surging inflation in major economies.

Historically, Naphtha reached an all time high of 1180.47 in July of 2008. Naphtha - data, forecasts, historical chart - was last updated on August of 2022.

Naphtha is expected to trade at 687.96 USD/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 750.64 in 12 months time.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Naphtha



Price Day Month Year
Crude Oil 90.43 2.321 2.63% -10.23% 42.41%
Brent 96.73 3.083 3.29% -5.97% 45.57%
Natural gas 9.20 -0.0409 -0.44% 28.71% 140.29%
Gasoline 3.03 0.0977 3.33% -4.31% 45.67%
Heating Oil 3.65 0.0279 0.77% 2.14% 85.13%
Ethanol 2.51 0.0100 0.40% -1.95% 10.82%
Naphtha 656.58 11.63 1.80% -15.26% 2.43%
Propane 1.07 0.01 0.67% -6.58% -4.67%
Uranium 48.70 0.1500 0.31% 4.39% 54.60%
Methanol 2,431.00 -12.00 -0.49% 1.38% -9.09%


Naphtha
Naphtha is a flammable liquid that can be used as fuel, metal cleaner, high-octane gas and as petrochemical in production of plastics. Naphtha prices are highly correlated with crude oil as it is generally produced during the refining of crude oil. Each contract represents 1,000 metric tons. The Naphtha prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
656.58 644.96 1180.47 -193.36 2005 - 2022 USD/T Daily