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$) price. NAFTA seems to be technically able to raise its capacity to 600$.

Naphtha Price Analysis - 6 March 2021 | www.petrobon.com
Naphtha Price Analysis – 6 March 2021 | www.petrobon.com

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