Asia-Pacific Still Faced Short Supply of Naphtha
The gasoline demand volume in the Asia-Pacific region was predicted to be around 6.99 million barrels/day, while the gasoline supply volume was around 7.11 million barrels/day.
The diesel demand volume in the Asia-Pacific region was predicted to be around 9.02 million barrels/day, while the diesel supply volume was around 9.72 million barrels/day.
However, the naphtha demand volume in the Asia-Pacific region was predicted to be around 4.90 million barrels/day, up 1.4% year-on-year. The supply volume was around 3.58 million barrels/day, up 1.7% year-on-year. The ethylene capacity in the Asia-Pacific region was increasing in recent years, which pushed up the consumption volume of naphtha. In the meantime, some export-oriented refineries in South Korea and Japan are upgrading, and China’s oil refining capacity is growing rapidly. Accordingly, the gap between naphtha supply and demand will shrink in the future in the Asia-Pacific region.
Looking for chemical products? Let suppliers reach out to you!
U.S.-Origin LPG Hit a New High in Japan
Advancing LNG in China
You May Interested In
β-Nicotinamide Adenine Dinucleotide High Quality NAD+ CAS 53-84-9 Exclusive Production Factory CAS NO.53-84-9
$75/UNIT FOB
2026-07-22
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Supply and Demand Bearish, Toluene Market Declines
-
South Korea extends zero tariff on Crude Oil Used to Produce Naphtha to 2025, announces multiple flexible tariff supports
-
ECHEMI High Quality Inquiries (19-23 Aug)
-
Global wheat market: Wheat prices fall as global supplies increase
-
Two Major Factors Have Led to A Sharp Drop in Global Naphtha Demand
-
Gas Shortage' Aggravates Cost Pressure! The Giant Cut Off the Supply Warning!
-
Butadiene: Luqing Petrochemical has new changes in production and supply
-
Announcement on Imposing Import Consumption Tax on Certain Oil
-
India's outbreak is not optimistic, the supply of pyrethroids may be affected
-
De Montage: Most natural spices are stronger, only one is weak
Recommend Reading
-
Sulfur Price Hits 7,633 CNY/Ton, Up Nearly Sixfold in a Year and a Half; Domestic Refining Giants Halt New Orders Due to Tight Supply
-
China’s PE, PP and PVC Exports Rise as Stockpile Releases Reshape Global Supply
-
Global Oil Inventories Fall: Restocking Demand May Keep Petrochemical Costs Supported
-
End of an Era: KDC/One to Close 150-Year-Old Somerset Cosmetics Factory as Production Shifts to Scotland
-
UAE Breaks Ground on World’s First Gigascale Round-the-Clock Renewable Energy Project, Setting a New Global Standard For Clean Energy
-
BDO Market Conditions Remain Stale and Await Further Developments
-
Premium Global Chemical Sourcing Requests (28-31May, 2026)
-
Entering the Off-Season for Consumption, ABS Prices Continue to Fall in May
-
May China Maleic Anhydride Market Trend Fluctuates and Rises
-
Supply Tightens, Polypropylene Prices Expected to Rise After May’s Consolidation