Malaysia's Titan Chemicals buys naphtha for delivery in 2H August

18 July 2012 08:45  [Source: ICIS news]

SINGAPORE (ICIS)--Malaysia’s Titan Chemicals has bought two 25,000-tonne naphtha cargoes for delivery to Pasir Gudang in the second half of August at a low single digit premium, traders said on Wednesday.

The two lots fetched a premium of $1.00–3.00/tonne to CFR (cost and freight) Japan quotes, they said.

On 3 July Titan Chemicals bought at parity to a premium of $2.00/tonne to CFR (cost and freight) Japan quotes for a 25,000-tonne cargo for arrival in the first half of August.


By: Ong Sheau Ling
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly