14 June 2012 09:55 [Source: ICIS news]
The cargoes were settled with two separate traders at a discount of $4.00-5.00/tonne (€3.20-6.25/tonne) to
“The discount was within expectation based on the weak spot market,” he said.
Late last week, Honam bought a 25,000-tonne cargo for first half of July arrival at Yeosu and another lot of similar volume and delivery date at a slight premium to Japan quotes CFR.
($1 = €0.80)
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