30 March 2012 04:59 [Source: ICIS news]
SINGAPORE (ICIS)--Netherlands-based trading firm Vitol has purchased 55,000 tonnes of April loading naphtha from ?xml:namespace>
The cargo, scheduled to be loaded from Sikka port on 10-15 April, was bought at plus $41/tonne (€30.8m) to FOB (free on board)
Reliance had previously sold 75,000 tonnes of naphtha to Trafigura at plus $57/tonne to FOB
Naphtha premiums have softened amid easing concerns over supplies and subdued buying interest from regional cracker operators.
($1 = €0.75)
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