Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
The Japanese Prime Minister stated that naphtha supplies can cover four months of demand.

The Japanese Prime Minister stated that naphtha supplies can cover four months of demand.

金十金十2026/04/05 11:32
Show original
Golden Ten Data, April 5 — Japanese Prime Minister Sanae Takaichi stated that Japan has secured enough naphtha supplies to cover at least four months of demand, and the government is seeking to ease concerns over potential supply shortages. Takaichi said on social media on Sunday that these supplies include around two months of overseas procurement and transport volumes as well as domestic refinery output, and about another two months of intermediate chemical product inventories derived from naphtha, such as polyethylene. According to the Japan Petrochemical Industry Association, about 60% of Japan’s naphtha relies on imports, with more than 70% coming from the Middle East. Major Japanese naphtha producers have already cut production of this petroleum by-product. Naphtha is widely used to manufacture plastic bottles, construction materials, and electrical products.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Astera Labs (ALAB.US) Q3 earnings and guidance exceed expectations; Scorpio rises to become the top revenue-generating product line

Astera Labs (ALAB.US) released its Q3 2026 financial report after the US stock market closed on November 3.

智通财经•2026/11/03 23:03

Surged after hours! Arista Networks (ANET.US) achieved record revenue and profit growth in Q3, with Q4 performance guidance exceeding expectations

Arista Networks released its financial results for the third quarter of 2026 ending September 30.

智通财经•2026/11/03 23:03
Surged after hours! Arista Networks (ANET.US) achieved record revenue and profit growth in Q3, with Q4 performance guidance exceeding expectations

The US strengthens the dollar on midterm election day, rising Treasury yields provide support, and the US-Iran situation may dominate future market trends.

The US dollar strengthened on Tuesday during the US midterm elections, supported by rising US Treasury yields and robust economic data.

智通财经•2026/11/03 22:38
The US strengthens the dollar on midterm election day, rising Treasury yields provide support, and the US-Iran situation may dominate future market trends.