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Naphtha prices online

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  • Published date: May 30, 2022
    • New York, Chignik Lagoon, Alaska, United States
  • Call : 6468620089
    [ #26083 Ad Views - 50 ]

The American Market for Naphtha in the first quarter of 2022 had a sharp rise in prices owing to surged prices of upstream crude oil which was a consequence of increased geo-political risk situation (Russia-Ukraine war) and uncertainties revolving around the sanctions against Russia by the US and EU. At the end of the first quarter of 2022, the price of naphtha in US was recorded at USD 1007/MT Naphtha FOB Texas (USA). On March 8th the United States decided to stop various imports from Russia leading to higher prices for naphtha and upstream crude oil. Many American companies running in Russia stopped their production in Russia putting additional upward pressure on the Naphtha Prices and upstream crude oil in the United States during Q1 2022.

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