<h2>What is Naphtha and How is it Traded?</h2><p>Naphtha is a light petroleum distillate fraction boiling between approximately 30�C and 200�C. In Asia, it is primarily traded as a petrochemical feedstock for steam crackers producing ethylene and propylene, and as a gasoline blending component. Asia is the world's largest naphtha consuming region, with demand driven by petrochemical complexes in South Korea, Japan, China, and Southeast Asia.</p><h2>Key Naphtha Grades</h2><p><strong>Full Range Naphtha (FRN):</strong> Boiling range 30�200�C. Most commonly traded grade, used as steam cracker feedstock. <strong>Light Naphtha:</strong> Boiling range 30�90�C. Higher paraffin content, preferred by crackers optimised for ethylene yield. <strong>Pyrolysis Gasoline (Pygas):</strong> A co-product of steam cracking, high in aromatics, traded as BTX feedstock.</p><h2>Key Quality Specifications</h2><ul><li>Density at 15�C: 0.650�0.720 g/cm3</li><li>Paraffins (PONA): min 65�70%</li><li>Sulphur: max 50�100 ppm</li><li>ASTM D86 IBP: 30�40�C min; FBP: 190�205�C max</li><li>Water content: virtually nil</li></ul><h2>Singapore as Asia's Naphtha Hub</h2><p>Singapore remains the benchmark pricing centre for Asian naphtha. The Platts MOPJ naphtha assessment is the most widely used reference price for long-term contracts. Singapore also serves as a key blending and storage hub with terminals at Jurong Island.</p><h2>Bio-Naphtha</h2><p>HVO co-product bio-naphtha and POME-derived renewable naphtha are gaining traction as drop-in feedstocks for crackers under sustainability mandates. Tetra Commodity Trading is active in both conventional and bio-naphtha sourcing from Korean, Singaporean, and European origins. Contact us at <a href="mailto:enquiries@tetracommodity.com">enquiries@tetracommodity.com</a>.</p>