22 June 2009 08:34 [Source: ICIS news]
SINGAPORE (ICIS news)--Saudi’s Samref has sold a cargo of paraffinic naphtha for lifting over mid-July to Japanese trader Itochu at a premium of $21-22/tonne (€15-16/tonne), industry sources said on Monday.
The prices are based on FOB (free on board) to Middle East quotes from Yanbu. The 230,000-bbl cargo, equivalent to 25,556 tonnes, has to be lifted over 11-13 July.
($1 = €0.72)
To discuss issues facing the chemical industry go to ICIS connect
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections