Adnoc offers 75,000 tonnes of spot naphtha for September

03 August 2010 07:46  [Source: ICIS news]

SINGAPORE (ICIS)--Abu Dhabi National Oil Co (Adnoc) has issued a tender to sell 75,000 tonnes of naphtha for loading from Ruwais on 1-3 September, traders said on Tuesday.

The tender closes on 5 August, they said.

The Asian first-half September contract rose to a seven-week high of $678-681/tonne CFR (cost & freight) Japan, backed by global crude futures at above $81/bbl, ICIS data showed.

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By: Felicia Loo

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