16 October 2012 03:44 [Source: ICIS news]
SINGAPORE (ICIS)--South Korean chemical company LG Chem has bought 50,000 tonnes of spot naphtha for delivery in the second half of November at a stronger premium because of tight regional supply, traders said on Tuesday.
The deal for the cargoes was done at a premium of $14.50/tonne (€11.17/tonne) to ?xml:namespace>
In its previous spot purchases, LG Chem bought three cargoes of naphtha totalling 75,000 tonnes.
Two of the cargoes for delivery in the first half of November were purchased at a premium of $11.00-12.00/tonne to
($1 = €0.77)
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