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Asia Naphtha Short-term Market Outlook: Market Correction or Rally?
Asia Naphtha Short-term Market Outlook: Market Correction or Rally?
Overview
This event covers the following:
Oil Markets, Midstream, and Downstream
LPG / NGL Markets
Naphtha

Register Now

In 2021, Asian naphtha market retained strength as demand for naphtha as petrochemical feedstock remained firm owing to new cracker/reformer additions while persistently high prices for alternative cracking feedstock LPG continue to support buying interest for naphtha.

On the other hand, the recovery in Asian gasoline demand and overall Asian and Middle Eastern refinery runs were slow as the regions struggled to control COVID outbreaks and push through aggressively for vaccination progress.

Towards the end of 2021, a new COVID-19 variant of concern, Omicron, entered the picture and threw further confusion on the short term market outlook. Furthermore, the ongoing Russia-Ukraine conflict has led to higher crude, LPG and naphtha prices and increased market uncertainty and worries over potential naphtha supply constraints.

This webinar explores the key narratives behind IHS Markit's expectations on 2022-2023 naphtha market going forward, covering topics such as:

  • What is the latest COVID-19 update? What is the likely trend on crude and economic growth going forward?
  • Will Asian naphtha market tightness ease or persist?
  • What is our view on 2022-23 price and cracks projection for naphtha?
  • Will LPG cracking competitiveness improve?

There will also be a Q&A session.

Speakers

  • April Tan, Associate Director, Oil Markets, Midstream, and Downstream, IHS Markit
  • Kendrick Wee, Director, Oil Markets, Midstream, and Downstream, IHS Markit

Webinar Details

Date: 7 April 2022 (Thursday)

Time: 4:00pm (Singapore time, GMT +8)

Duration: 1 hour

Language: English

System Requirements:

ON24 SYSTEM REQUIREMENTS

*This webinar will be a live online event including a live Q&A.

Regional focus
Asia Pacific
EVENT REPLAY
DATE
07 Apr 2022
4:00pm - 5:00pm
EVENT TYPE
IHS Markit Webinar