Taiwan’s Formosa issues H2 April naphtha tender

10 March 2008 04:21  [Source: ICIS news]

SINGAPORE (ICIS news)--Taiwan's Formosa Petrochemical Corp (FPCC) has issued a naphtha buy tender for delivery in the second half of April, a trader said on Monday.

The tender sought 75,000 tonnes of open spec naphtha for 16 April to 10 May delivery into Mailiao, he added.

It would close on 10 March with validity till 11 March.

Formosa earlier snapped up a similar cargo at around a premium of $2.00/tonne to Japan quotes CFR (cost and freight) for first half of April delivery.

By: Desmond Chia
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly