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

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