Seoul is looking to India to boost naphtha exports as ongoing tensions in the Middle East disrupt global energy and petrochemical markets. South Korea’s petrochemical industry, heavily reliant on stable naphtha supplies, faces potential shortages that could impact production of plastics, synthetic fibers, and other key industrial chemicals.
Indian exporters are being urged to step up shipments to South Korea to mitigate the supply gap. Analysts warn that prolonged regional instability could further strain global feedstock availability, pushing up prices and pressuring downstream industries across Asia.
Industry insiders note that increased Indian exports could help stabilize the short-term market, but long-term solutions may require diversifying supply sources beyond the Middle East.