Kuwait's KPC floats tender for 50,000 tonnes mid-Aug naphtha

19 July 2012 04:36  [Source: ICIS news]

SINGAPORE (ICIS)--Kuwait Petroleum Corp (KPC) has floated late on Wednesday a tender to sell 50,000 tonnes of full-range naphtha for 16-17 August loading, traders said.

The naphtha lot will be priced on a Middle East FOB (free on board) basis, they said.

The tender will close on 19 July, with bids valid up till the same date, they added.

In early July, KPC sold 75,000 tonnes of full-range naphtha for early August loading at a premium of around $20/tonne to Middle East quotes FOB

By: Ong Sheau Ling
+65 6780 4359

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