South Korea’s LG Chem buys 50,000 tonnes spot naphtha

31 March 2011 11:15  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s LG Chem has bought via tender 50,000 tonnes of open spec naphtha for delivery in the first half of May, traders said on Thursday.

The cargoes fetched a premium of $7/tonne to Japan quotes CFR (cost and freight), they added.

One 25,000 tonne cargo would head to Daesan and another similar stem would go to Yeosu, traders said.

For more on naphtha, visit ICIS chemical intelligence


By: Felicia Loo



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly