Japan’s Mitsui buys 25,000-50,000 tonnes naphtha for H2 February

28 December 2012 02:50  [Source: ICIS news]

SINGAPORE (ICIS)--Japan’s Mitsui Chemicals has bought 25,000-50,000 tonnes of spot naphtha for delivery to Chiba in the second half of February, traders said on Friday.

The deal for the cargo was done at a premium of $16/tonne (€12/tonne) to Japan quotes CFR (cost & freight), they added.

Mitsui previously bought a 25,000 tonne naphtha cargo for delivery to Chiba in the second half of January at a premium of $14-15/tonne to Japan quotes CFR.

($1 = €0.75)


By: Felicia Loo



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