Indonesia's Economy Minister says they are going to cut the import duty for naphtha to 0%

Indonesia's decision to cut the import duty for naphtha to 0% signals a likely increase in supply in the market, potentially leading to lower prices.

Newsquawk StaffPublished 28 Apr 2026, 05:44 UTCOn the live feed at 05:24 UTC — 3 more headlines followed before this page went public

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Indonesia's Economy Minister says they are going to cut the import duty for naphtha to 0%

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Context

This move could support domestic petrochemical industries while impacting global naphtha prices, especially if Indonesia is a significant player in the trade. Traders should watch for potential shifts in demand dynamics and the broader implications for energy and commodity markets.

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