27 April 2012 10:00 [Source: ICIS news]
The cargo was sold at plus $15.00-17.00/tonne (€11.40-12.92/tonne) based on CFR (cost and freight)
Titan Chemicals earlier on Friday issued a tender to buy 25,000-30,000 tonnes of full-range naphtha, the traders said. However, the company decided to increase its purchase volume in view of current naphtha prices, the traders added.
The seller is required to deliver the cargo into Pasir Gudang in
Titan Chemicals last purchased 25,000-30,000 tonnes of full-range naphtha at plus $17.00/tonne based on CFR Japan quotes on 27 April, the traders said.
($1 = €0.76)
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