South Korea’s LG Chem buys naphtha at $8.50-9.00/tonne premium

29 November 2012 09:46  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s LG Chem has bought two 25,000-tonne naphtha cargoes in the spot market for delivery in the first half of January, traders said on Thursday.

The deals for the cargoes were done at premiums of $8.50-9.00/tonne (€6.55-6.93/tonne) to Japan quotes CFR (cost and freight), they added.

($1 = €0.77)

By: Felicia Loo

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