27 July 2012 15:18 [Source: ICIS news]
SINGAPORE (ICIS)--Asian jet trader China Aviation Oil (CAO) has issued a purchase tender for four 240,000–300,000 bbl cargoes of jet kerosene for end-August and September loading, an industry source said on Friday.
The CAO tender requested cargoes for loading from northeast or southeast ?xml:namespace>
CAO also requested one 25,000-tonne jet kerosene cargo for purchase CFR (cost & freight) Huangpu for arrival on 5-7 September, via the same tender, said the source.
The CAO purchase tender will close on 30 July and has validity until 31 July.
Previously, CAO awarded a purchase tender for four 240,000–300,000 bbl jet kerosene cargoes for loading at the end of July and August at a firmer level of around
Jet-kerosene values have strengthened in recent weeks buoyed by demand from the Middle East and
CAO is the largest physical jet fuel trader in the Asia-Pacific region and the key supplier of imported jet fuel to the civil aviation industry in
The firm’s key businesses include jet fuel supply and trading, trading of other oil products and investments in oil-related assets.
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