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Bearish momentum fades in naphtha

Eastern naphtha may see demand-side support, with the M1 FEI/MOPJ spread flirting with positive handles, making naphtha attractive....
Published: October 26, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
Reviewed by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
17 page report
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Naphtha saw a weak turn into last week, with weaker freight weighing on the complex. The M1 TC5 freight (MEG to Asia) fell from above $200/mt on 19 Oct to $187.10/mt on 20 Oct, where it met support.

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Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

About Naphtha Report

Get a mix of market commentary, flow-based analysis, and prompt insights in this premium weekly report about naphtha markets.

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