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Generally speaking, the naphtha resources available for distribution by refineries in the Northeast region mainly flow to Shandong and Guangdong provinces. However, recently there have been significant changes in the situation regarding naphtha from these refineries: not only has the amount of naphtha exported to Shandong decreased, but prices within that region have also soared. What could be the reasons behind this?
Is this a sign of a recovery in the refining and chemical industry in the Northeast and North China regions? . .
Has any large-scale reformation facility started operation? Back then, the restart of Changyi Petrochemical’s operations had a significant impact on the Shandong naphtha market
It makes sense; as import quotas for crude oil are gradually allocated to local refineries, industry consolidation, restructuring, and recovery are likely to occur.
What the guy on the 4th floor said makes sense; Hebei is currently working on a restructuring project, apparently in the Huabei Petrochemical area! ! ! There might be some connection after all!
Industry consolidation and reshuffling are underway, and reforms are showing initial results. Please give your support
Perhaps the price of naphtha is going to rise, so companies in the Northeast are stockpiling it. Currently, there are many refineries building reforming units, but these companies cannot meet their entire needs on their own and therefore need to purchase a large amount of naphtha from outside