IMO 2020
- Residual Fuel Oil Service
- Beyond IMO 2020: Impacts on the Residual Fuel Oil Market, and the Outlook for Bunkering
Oil & Products
- Oil Online Data Service (ODS)
  FGE's Online Data Service (ODS) allows clients to flexibly query FGE's proprietary supply and demand data for crude and refined products at a country or regional level, allowing you to identify potential pressure points and regional flows.
- Oil Research & Analysis
- Oil Training Programs
Gas/LNG
- LNG Online Data Service (ODS)
  FGE's LNG Online Data Service (ODS) allows clients to flexibly query FGE's proprietary data, enhancing your ability to make strategic decisions adn identify opportunities across the global LNG value chain.
- Short-Term Gas/LNG Research & Analysis
- Annual Reports
- Gas/LNG Training Programs
NGLs
- LPG Service
  FGE's LPG service provides detailed insights, analysis, and forecasts of the key issues affecting the global LPG marketplace.
- Condensate & Naphtha Service
  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.
Data
- Price Forecast Data
  FGE has been providing consistently accurate and reliable crude, oil products and LNG price forecasts to an array of clients for many years, including national oil and gas companies, traders and financial companies.
- NGLs Data
  FGE's coverage of the NGLs market spans the full breadth of the value chain, from supply, demand, pricing, balances, trade flows, and more, helping clients better understand which way the market is heading.
- Crude Oil Data
  When it comes to delivering reliable and accurate data on the crude oil market, FGE is a the forefront of providing clients with detailed short and long-term data spanning crude supply, demand, inventories, trade flows, etc.
- Gas/LNG Data
  FGE's Gas/LNG data services allow clients to flexibly query our very own proprietary data, enhancing their ability to make strategic decisions and identify opportunities across the global Gas/LNG value chain.
- Refining Data
  For many years, FGE's leading independent analytics and forecasts of the oil markets has benefited a wide variety of clients across the globe. Our coverage of the refining industry is underpinned by in-house models and over five decades of refining expertise.
- Refined Products Data
  FGE's coverage of the refined products market enables clients to evaluate the short- and long-term refined products markets, with particular emphasis on products supply/demand/balances, products trade, inventories and stocks, and pricing.
Company
- Executive Committee
  - Dr. Fereidun Fesharaki
    
    Chairman, FGE
  - Mr. Shasha Fesharaki
    
    Executive Vice Chairman and Managing Director, FGE USA
  - Dr. Jeff Brown
    
    President, FGE
  - Dr. Tomoko Hosoe
    
    Managing Director, FGE Japan
  - Ms. Alexis Aik
    
    Managing Director, Global Gas/LNG Team & FGE Singapore
  - Dr. Iman Nasseri
    
    Managing Director, Middle East, FGE London
  - Mr. Michael Barry
    
    Director of Research, FGE London
  - Mr. Robert Clayton
    
    Chief Operating Officer (COO), FGE London
Purchase Online
Login

Condensate & Naphtha Monthly

FGE’s Condensate and Naphtha monthly dissects and examines the volatile short-term market for condensate, to deliver clear, concise and insightful views on the forward market.

Download Brochure &
Request a Trial

Brochure PDF

Request a Trial

Contact Us

If you require additional information on this or any FGE service, or you would like to discuss ways in which FGE can assist you further, please contact a member of our sales team.

Contact Sales

Overview

FGE’s Condensate and Naphtha Monthly 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 trading market has seen some turbulence this year with the demand destruction from COVID-19 and low oil price environment affecting US condensates which have become a regular inflow to some refiners and splitters in this half of the world.

As for naphtha, weakness in gasoline demand with the COVID-19 situation has resulted in higher levels of arbitrage flows into the East, amid poor blending economics, particularly in the US Gulf coast. Cracker margins have flipped on its head as well with LPG substitution at minimal levels with low naphtha prices.

The recovery in the months to come will see uncertainty in petrochemical margins with inventory overhangs and lower consumer spending likely to weaken fundamentals. This and the onslaught of petrochemical capacity additions and expansions over the next few years will define the picture for condensate and naphtha in the East of Suez in the medium term.

This monthly report provides an Asian perspective of the short-term condensate & naphtha balances, including price outlook and fundamental projection of trade flows such as potential arbitrage opportunity and feedstock switching dynamics between condensate and naphtha.

We look closely at both condensate and naphtha supply and demand East of Suez and forecast an Eastern balance. We factor in regular flows from the West, and how much more may be needed based on Eastern requirements. On the demand side, we look into the olefin and aromatics markets which provide valuable insight into our outlook for condensate and naphtha demand in the region.

The report also contains either a Market or Term feature which highlights key development going forward, as well as dedicated sections and a data file for supply and demand fundamentals in the East and West of Suez and price outlook for the next 6 months.

Features & Benefits

Leading Fundamental Analysis Up-to-date comprehensive analysis of key fundamental drivers in the global condensate market.
Complete Coverage of the Global Condensate & Naphtha Markets Discussion on new and upcoming condensate and naphtha streams and likely buyers.
Margins Analysis Analysis on condensate splitter, cracker and reformer margins and an outlook on how downstream demand from the petrochemicals sector will influence margins going forward in the East.

Access to Regional Oil Analysts/Consultants Clients of our research, analysis, and data analytics can benefit from having consistent access to technical and/or commercial information about the condensate and naphtha markets.
Rapid Assessment of Events Utilization of knowledge and experience which allows rapid assessment of current and future condensate and naphtha market happenings.
Accurate Price Forecasts Price forecasts for condensate and naphtha benchmarks East of Suez.

Scope of Coverage

Data
- Condensate supply and imports (actuals & forecasts).
- Naphtha imports and exports to Asia by grade (actuals & forecasts).
- Short-Term forecasts (12-months) and 12-months history.
- Prices (actuals & forecasts): Brent, Dubai, CFR Japan Naphtha, NWSC-Brent, Senipah-Brent, LSC-Dubai, DFC-Dubai, SPC-Dubai, DFC-Naphtha, NWSC-Naphtha, Propane-Naphtha, Butane-Naphtha, PX-Naphtha, Ethylene-Naphtha, EF-Dubai, Naphtha Crack vs. Brent, Brent/Dubai.
- Naphtha imports and exports to Asia by grade (actuals & forecasts).
- Cracker maintenance schedule.
Deliverables
- Monthly Report providing in-depth analysis of the short-term condensate and naphtha markets.
- Consulting hours - Alongside the report, clients will have access to 3 hours of free consultation on the driving factors behind the report.
- Monthly data files which cover country-level export and import numbers for condensate and naphtha for key East of Suez countries, as well as price forecasts.
Products Covered
- Condensate
- Naphtha

This Service Will Add Value To

Traders developing both trading and hedging strategies built on detailed fundamental research.
National Oil Companies undertaking research on key global trends and making strategic decisions.
Producers and marketers keen on getting a condensate demand outlook.

Midstream Companies formulating future policy and hedging strategies.
Refiners making decisions on feedstock procurement.

Latest FGE Multi-Client Studies

Preparing for IMO 2020 and The Future of Bunkering

FGE's detailed assessment of the impact of the IMO 2020 specification changes on the global shipping & refining industries.

The Outlook for Oil 2019

FGE’s core analytical block for its perspectives on future developments in oil demand, supply and prices to 2040.

LPG Forecast 2020

FGE's comprehensive annual assessment of the global LPG market, divided between two geographical areas, East and West of Suez.

Request Call Back

× Request Call Back

To request a call back from a member of our sales team, please complete the below form.

Download Brochure & Request a Trial