Iran issues H1 August ethylene tender

02 July 2008 08:51  [Source: ICIS news]

SINGAPORE (ICIS news)--Iran Petrochemical Commercial Co (IPCC) has issued a tender to sell 4,500-5,000 tonnes of ethylene for first-half August lifting, a company source said on Wednesday.

The cargoes are expected to be loaded from Assaluyeh and/or Bandar Imam Khomeini (BIK) during 3-8 August and the tender closes at noon Singapore time on 7 July.

IPCC, the commercial arm of state-owned National Petrochemical Co, sold ethylene for late June loading at $1,500/tonne CFR (cost and freight).

($1 = €0.63)

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By: Peh Soo Hwee
+65 6780 4359

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