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No Ending the Blending

Naphtha sideways as cracks weaken; petchem buying and blending demand support, while E/W strength may be amplified by short covering.
Published: September 14, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
17 page report
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The naphtha complex has seen a sideways week, with strength eking out of both regions' cracks. The M1 NWE naphtha crack is back within its seasonal range.

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Written by

Vincent Wu

Research Associate, Flux
Vincent Wu

Donna Dong

Research Analyst, Flux
Donna Dong

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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