18 October 2012 08:13 [Source: ICIS news]
Importers and lubricant producers based in
FPCC supplied a total of 20,000 tonnes of contract cargoes to
FPCC’s spot supply of base oils to
The Taiwanese refiner is expected to offer its spot N500 cargoes for November delivery at a minimum of $1,060/tonne (€806/tonne) FOB (free on board), because of high production costs, the source said.
Production costs have risen in line with firming international crude prices, the source added.
($1 = €0.76)
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