Naphtha Prices Retreat from Peaks as Crude Correction Impacts Feedstocks

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Cracker Economics Improving

The drop in naphtha prices is a welcome relief for steam cracker operators in Asia, who have been facing extreme margin compression. Analysts expect run rates to increase by late April.

Freight Normalization

Maritime insurance surcharges are beginning to fall as coordinated routes in the Persian Gulf reduce risk, further lowering the total cost of delivered naphtha.