据ICIS网站5月12日伦敦报道 欧洲石脑油现货价格从4月份的低点回升，原因是原油期货价格上涨、炼油厂开工率下降、亚洲的某些需求拉动以及原料经济有利于裂解装置的消费率。

然而，在供应持续过剩和需求有限的情况下，6月初交货的交易以两位数的折扣成交，价格下行压力依然存在。

周一市场感受到了这种压力，6月上旬交货的现货价格收于208美元/吨（成本、保险加运费:仅限西北欧地区），低于上周的214-215美元/吨。

按周平均计算，ICIS数据显示，由于炼油厂产量下降和裂解装置消费率提高，价格比前一周上涨了40%。

一位主要的市场参与者表示，5月初莱茵河水位下降，限制了石脑油从阿姆斯特丹-鹿特丹-安特卫普（ARA）运往不同目的地的运输量。

因此，石脑油库存反弹至2019年8月以来的最高水平，原因是终端用户需求低迷和远期曲线大幅上涨。

王磊 摘译自 ICIS

原文如下：

Source:

Europe naphtha prices rebound on Asia demand pull, crude but glut looms large

European naphtha spot prices have revived from April lows on the back of improving crude oil futures, falling refinery run rates, certain demand pull from Asia, and feedstock economics favouring consumption rates at crackers.

However, price downward pressure persists as deals are being concluded at double-digit discounts for early June deliveries amid ongoing supply glut and limited demand.

That pressure was felt on Monday, with spot prices closing at $208/tonne CIF (cost, insurance, freight) NWE (northwest Europe) for H1 June deliveries, down from last week's close at $214-215/tonne CIF NWE.

On a weekly average basis, ICIS data shows prices up 40% compared with the week prior amid falling refinery output and improved consumption rates at crackers.

Lower water levels on the River Rhine in early May restricted naphtha volumes leaving Amsterdam-Rotterdam-Antwerp (ARA) for various destinations, a major market player said.

As such, naphtha stocks rebounded to the highest since August 2019, prompted by low end-user demand and a steep contango in the forward curve.