China’s Naphtha Imports Set for Record High in 2025 ...Middle East

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China’s Naphtha Imports Set for Record High in 2025
source : OILPRICE ( Middle East ) () 54
Expanding petrochemicals production and uncertainty about imports of U.S. ethane and propane amid the trade row are expected to boost Chinese purchases of another petrochemical feedstock, naphtha, to a record high this year, traders and analysts tell Reuters. Amid disrupted supply of cheap U.S. ethane and propane in the trade war, Chinese petrochemicals producers have boosted the use of naphtha in recent months, while uncertainties about the trade going forward are set to drive increased naphtha demand. “With issues in imports of ethane and…

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