30 March 2011 09:50 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) has bought 150,000 tonnes of spot naphtha for delivery into Mailiao in the first half of May, a source close to the company said on Wednesday.
The cargoes fetched a premium of $3.50-4.50/tonne (€2.49-3.20/tonne) to Japan quotes CFR (cost & freight), he added.
($1 = €0.71)
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