Oman Refineries scraps light naphtha export tender for March

01 March 2010 05:29  [Source: ICIS news]

SINGAPORE (ICIS news)--Oman Refineries & Petrochemicals Co has scrapped a tender to sell 30,000 cubic metres (cbm) of light naphtha for loading from Sohar on 15-17 March, traders said on Monday.

The reasons were not immediately known.

Asia’s first-half April open-spec naphtha was at $736-739/tonne (€537-540/tonne) CFR (cost and freight) Japan on Monday, up $18.50/tonne from Friday as strong crude futures held above $80/bbl, ICIS pricing data showed.

($1 = €0.73)

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By: Felicia Loo

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