06 July 2010 04:56 [Source: ICIS news]
The tender would close later on Tuesday, they said.
In its last tender, KPC sold 50,000 tonnes of full-range naphtha and 24,000 tonnes of light naphtha for loading on 13-20 July, at a premium of around $9/tonne (€7.20/tonne) to Middle East quotes FOB (free on board).
Asian naphtha contracts for the second half of August dropped by $7.50-8.50/tonne from Monday to $609.00-612.00/tonne CFR (cost & freight) Japan by midday Tuesday, ICIS data showed.
($1 = €0.80)
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