Flux Markets | From Top-J to Drop-J Skip to main content

From Top-J to Drop-J

Naphtha market sees a week of two halves; thinner market due to PFA; cross-product driven liquidity
Published: May 18, 2026
Written by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
and
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
17 page report
Share

A week of two halves for the naphtha market, where cracks initially rallied mid-week but declined into the end of last week and the start of this week. The market was thinner due to the PFA conference in Europe, and reflecting this, trading volumes have been lower.

Premium Content

To continue reading this page, please login or find our about our subscription options.

Related News

Brent Meets Resistance Above $111/bbl

The Jul'26 Brent futures contract surged to a high of $111.60/bbl at 17:28 BST this afternoon, where it met resistance...
4 page report

Brent Declines to $110.01/bbl

UAE nuclear plant hit by drones, China refinery runs slump, Russian oil waiver ends, inventories tighten.
4 page report

Brent Climbs to $109.72/bbl

ADNOC expands Fujairah exports; Trump weighs easing China sanctions; US vows SPR refill; Ukraine hits Russian energy sites
4 page report

Brent Rallies To $109/bbl

Brent rallies to weekly high of $109/bbl; no Iran breakthrough from Trump-Xi meeting; UAE to double crude export capacity bypassing SoH
4 page report