S Korea’s Yeochun NCC buys 80,000 tonnes naphtha for H2 May
11 April 2012 10:56 [Source: ICIS news]
SINGAPORE (ICIS)--
The cargoes are scheduled to be loaded in the second half of May, the traders said.
The cargoes were bought at an around $37/tonne (€28/tonne) premium to FOB (free on board)
YNCC last bought 75,000 tonnes of open-spec naphtha at a $19.50-19.75/tonne premium to CFR (cost & freight) Japan quotes.
Condensate and GTL naphtha are light naphtha, which has a high olefins yield.
($1 = €0.76)
By: Quintella Koh
+65 6780 4372
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