FGE’s Condensate and Naphtha Service dissects and examines the volatile short-term market for condensate, to deliver clear, concise and insightful views on the forward market.
The East of Suez condensate market is in a constant state of flux. Given the concentration of supply in the Middle East, condensate is often caught in the crossfire of regional geopolitical tensions.
On the demand side, condensate lies at the heart of Asia’s large aromatics industry. The volatility around petrochemicals has certainly resulted in a swing in condensate splitter margins and uptake of condensate in refineries.
In our monthly report, we also discuss the ever changing dynamics in the global naphtha markets, with a focus on the East of Suez short. Segmenting naphtha by grade and end-use, the naphtha report provides a comprehensive outlook on trade fundamentals in a detailed fashion. It ultimately taps into the dynamics surrounding the olefins, aromatics, gasoline blending and splitter markets – alongside supply-side factors.