Thailand’s IRPC sells heavy naphtha at near $60/tonne premium

16 October 2012 03:52  [Source: ICIS news]

SINGAPORE (ICIS--Thailand's refinery and cracker operator Integrated Refinery and Petrochemical Complex (IRPC) has sold a 40,000-tonne heavy naphtha cargo for loading in the second half of November, traders said on Tuesday.

The deal for the spot cargo was done at a premium that was close to $60/tonne to Japan FOB (free-on-board) quotes, they added.

The tightening supply availability is lending support to the firm premiums, especially for heavy naphtha cargoes, traders said.

By: Felicia Loo

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