Naphtha Spot Price

Naphtha is a light, volatile hydrocarbon liquid obtained during the refining of crude oil. It serves as a crucial commodity with diverse industrial applications. Naphtha is primarily used as a feedstock in the production of petrochemicals, such as ethylene and propylene, which are fundamental building blocks for plastics, synthetic fibres, and other materials. It is also utilized as a solvent, diluent in paints and coatings, and as a fuel in certain industrial processes. Major producers include refineries worldwide, with significant refining centres in regions like the Middle East, Asia, and North America.