Free Raffinate Prices Trend and Forecast New York

Published date: May 3, 2022
  • Location: New York, New York, NY

Raffinate Prices demonstrated strong market sentiments in the United States during Q1 2022, in contrast to the last quarter of 2021. Raffinate's price trend exhibited an increasing trend, owing to the product's limited availability in the region. During the Russia-Ukraine invasion, upstream crude oil and naphtha prices rose, and prices climbed as the market appeared to be rebounding with greater demand. The high price of Raffinate in the region has been under pressure due to a supply scarcity and increased demand from Methyl Tertiary Butyl Ether. Furthermore, during the war, the United States banned the import of Russian oil, exacerbating the shortage. In March 2022, Raffinate DDP Texas pricing were reported at USD600/MT.

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