04 April 2012 07:16 [Source: ICIS news]
The premium is around half of the amount CPC Corp paid for its last naphtha purchase in early March on CFR (cost and freight) Japan quotes basis, they said.
“Premiums paid for spot naphtha cargoes are likely to continue falling as there is a notable increase in prompt-month supplies,” said a trader.
Around 1m tonnes of naphtha has arrived from the
These cargoes were fixed for shipment from the end of February and the bulk of these shipments arrived in
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