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

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.