South Korea’s LG Chem seeks more H1 August delivery naphtha

03 July 2012 05:00  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s LG Chem continues to seek supply of open-spec naphtha for delivery in the first half of August via a tender, after buying two spot cargoes on 27 June, traders said on Tuesday.

The tender, which requires delivery to Daesan and/or Yeosu, will close later on Tuesday at 15:30 South Korea time (06:30 GMT). Bids will stay valid until 16:30 South Korea time on Tuesday, the traders said.

On 27 June, LG Chem bought two 22,500-30,000-tonne parcels with a minimum tonnage of 8,000 each for delivery to Daesan and Yeosu on 1-15 August.

By: Ong Sheau Ling
+65 6780 4359

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