Category Archives: analysis

Naphtha Price Analysis

date: 10 March 2021 After the significant growth of oil last week and the subsequent increase in the price of petrochemical products, the price of naphtha reached the resistance range of 600$. Naphtha has technically reached the resistance range and reacted negatively to it. If naphtha’s price falls, it could drop to 575 $, and […]

Naphtha Price Analysis

date: 6 March 2021 Last week, Naphtha was able to break the resistance level of 530 $ powerfully. Due to rising oil prices and post-corona economic growth, expectations for demand toward this commodity have risen at an increasing rate as Naphtha is moving towards its historic high (577$) price. NAFTA seems to be technically able […]