S Korea's Yeochun NCC buys 75,000 tonnes of naphtha for 1H May

30 March 2012 04:51  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Yeochun NCC has purchased 75,000 tonnes of open-spec naphtha at plus $19.50-19.75/tonne to CFR (cost and freight) Japan quotes, several traders said on Friday.

The cargoes are scheduled to be delivered into Yeosu in the first half of May, the traders said.

One of the sellers to YNCC is said to be Netherlands-based trading firm Vitol, they said

Vitol sold around 22,500-30,000 tonnes of the 75,000 tonnes of naphtha to YNCC, the traders added.

By: Quintella Koh
+65 6780 4372

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