Saudi Aramco sells 55,000 tonnes naphtha for mid-August

18 July 2011 09:46  [Source: ICIS news]

SINGAPORE (ICIS)--Saudi Aramco has sold 55,000 tonnes of spot naphtha for mid-August loading, traders said on Monday.

The combined cargo – comprising 40,000 tonnes and 15,000 tonnes from the refineries in Yanbu and Jeddah, respectively – fetched a premium of around $11/tonne (€7.81/tonne) to Middle East quotes FOB (free on board), they added.

The naphtha supply is of full-range grade, traders said.

($1 = €0.71)

For more on naphtha, visit ICIS chemical intelligence

By: Felicia Loo

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