Taiwan's CPC issues 75,000t naphtha buy tender

04 March 2008 11:19  [Source: ICIS news]

SINGAPORE (ICIS news)--Taiwan’s Chinese Petroleum Corp (CPC) has issued a buy tender for its monthly requirement of 75,000 tonnes of full range naphtha for delivery into Kaohsiung in the second half of May, industry sources said on Tuesday.

The tender closes on 5 March with validity till 6 March.  

CPC bought a similar parcel for delivery in the first half of April at a $6/tonne premium over Japan quotes CFR (cost and freight) Taiwan.

By: Desmond Chia
+65 6780 4359

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