Egypt offers 875,000t full-range naphtha for July-Dec- traders

14 June 2010 08:34  [Source: ICIS news]

SINGAPORE (ICIS news)--The Egyptian General Petroleum Corporation (EGPC) is offering by tender 25 cargoes of full-range naphtha, or a total of 875,000 tonnes, for loading between July and December, traders said on Monday.

The tender closes on Wednesday, they said.

The cargoes would be lifted from Suez and Alexandria ports, traders said.

Naphtha sentiment in Asia was becoming bearish due to bulging petrochemical stockpiles in China, they said.

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By: Felicia Loo

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