Naphtha is an intermediate organic compound obtained from the reaction between crude oil and liquid kerosene. Naphtha is a combustible compound that is obtained from petroleum refineries while the distillation process is in progress. It is a volatile chemical whose molecular weight range around 100-215 u. The boiling point for the compound measures around 20-220° C. Naphtha is insoluble in water and contains a vapor pressure that is less than 5 mm mercury. It is a colorless compound and is primarily associated with the chemical and varnish industry.

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Vietnam, the United States, and India are the key importing countries that import Naphtha. On the other hand, the key exporting countries include the United States, Vietnam, and South Korea.

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 chart, including India Naphtha price, USA Naphtha price, 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:

Naphtha, a highly volatile and flammable compound comprised of various hydrocarbons, finds extensive industrial applications. It serves as both a fuel for engines and household items like lighters, and as a crucial solvent for large-scale paint production.

Furthermore, Naphtha serves as a vital raw material in the petrochemical and chemical industries. It acts as a primary feedstock for the production of gasoline and jet fuel. Additionally, it functions admirably as a dilutant when mixed with heavy crude oil, effectively reducing viscosity.

For those monitoring Naphtha’s market dynamics, tracking its price trend, illustrated through Naphtha Price Index, Price Chart, and Price Graph, becomes imperative.

Key Players:

• China Petrochemical Corporation
• Reliance Industries Limited
• Shell Chemicals
• Exxon Mobil Corporation
• Indian Oil Corporation Limited
• Novatek
• SABIC

News & Recent Development

• Date: May 19, 2023- The Indian oil corporations have announced that the firm is looking forward to incorporating Bio-Naphtha and Bioethanol as an alternative in its petrochemical feedstocks.

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