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Naphthalene prices remained firm in the North American region during the 1st quarter of 2022 on the back of consistent demand from the downstream plastics, resins, and dyes industries. Besides, consistent rise in crude values in the international market also contributed to the rise in the prices of Naphthalene in North America. Adequate supplies to the domestic market restrained the hike in its values despite of the strong demand throughout the period. Naphthalene values were recorded as USD 2452 per tonne on CFR basis at Houston, USA, in the quarter ending March 2022.
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Naphthalene Price Trend and Forecast Naphthalene price remained firm in the North American region during the 1st quarter of 2022 on the back of consistent demand from the downstream plastics, resins, and dyes industries. Besides, consistent rise in crude values in the international market also contributed to the rise in the prices of Naphthalene in North America. Adequate supplies to the domestic market restrained the hike in its values despite of the strong demand throughout the period. Naphthalene values were recorded as USD 2452 per tonne on CFR basis at Houston, USA, in the quarter ending March 2022. https://www.chemanalyst.com/Pricing-data/naphthalene-1130
The Demand for Naphthalene from the textile sector and Chemical industries remained consistent
Prices of Naphthalene remained strong in the European market Prices of Naphthalene remained strong in the European market due to the shortage in the supply of feedstock crude oil, especially during second half of the first quarter. Naphthalene prices witnessed an upward trajectory and rose continuously due to the consistent increase in crude oil values in the Asian region during Q1, 2022.
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