Naphtha Report: Spreads getting the CHOP-J - Flux News
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Naphtha Report: Spreads getting the CHOP-J

Naphtha Report cover

There have been opposing strengths in Europe and Asia. The Sep/Oct NWE naphtha spread softened in the past 2 weeks, from $5.00/mt on 17 July to $2.75/mt on 29 July, before some support was seen to $3.25/mt on 30 July as MOC buying lent some support in the morning. 

 MOPJ spreads saw quite muted price action until they sold off significantly from 24 July. FEI/MOPJ was well bid, but the stronger crude structure pressured MOPJ, and we saw physical selling. 

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    Our team of skilled analysts, by utilising the depth and breadth of Flux's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

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