S Korea’s Honam buys 75,000 tonnes naphtha for second-half Jan

20 December 2012 02:27  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Honam Petrochemical has bought 75,000 tonnes of spot naphtha for delivery to Yeosu and Daesan in the second half of January, traders said on Thursday.

The deals for the cargoes were done at a premium of around $14/tonne (€10.50/tonne) to Japan quotes CFR (cost & freight), they added.

Honam previously bought 75,000 tonnes of spot naphtha supply for delivery to Yeosu in the second half of January, at a premium of $16.50/tonne to Japan quotes CFR.

($1 = €0.75)


By: Felicia Loo



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