Saudi Aramco sells 200,000-220,000 tonnes naphtha for Sept loading

29 August 2012 10:32  [Source: ICIS news]

SINGAPORE (ICIS)--Saudi Aramco has sold four naphtha cargoes totalling 200,000-220,000 tonnes for loading in September, traders said on Wednesday.

The volumes sold were similar to the company’s August-loading spot sales, they said.

For September loading, Aramco sold a full-range naphtha cargo from Al-Jubail, two cargoes each of A180 and A310 grades from Ras Tanura, as well as a combination cargo from Jeddah/Rabigh, according to the traders.

The cargoes were done at premiums of $22.00-23.00/tonne (€17.60-18.40/tonne) to Middle East quotes FOB (free on board), traders said.

($1 = €0.80)

By: Felicia Loo

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