19 June 2012 10:41 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi Aramco has sold 15,000 tonnes of A180 naphtha for loading in first half of July from ?xml:namespace>
The cargo, which was purchased early this week, was settled at a premium of $14-15/tonne (€11-12/tonne) to Middle East quotes FOB (free on board), the source said.
“This parcel was a top-up for our current term customer,” the source said.
Last week, Saudi Aramco sold a spot cargo of 60,000 tonnes of open-spec naphtha from Rabigh for loading in the first half of July at a $14-15/tonne premium to
The company is currently in discussions for a 55,000-tonne cargo of open-spec naphtha for loading in first half of July from Rabigh, the source said.
The parcel will probably be settled by 19-20 June, the source said.
Saudi Aramco is planning to offer 55,000 tonnes of A180 naphtha for loading in the first half of July from Ras Tanura.
“We may have more spot material for first-half July loading because of the reduced sales of our term contracts,” he said.
($1 = €0.79)
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