31 December 2012 01:55 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s CPC Corp has bought 75,000 tonnes of spot full-range naphtha for delivery to Kaohsiung in February, traders said on Monday.
The deal for the cargoes was done at a premium of $11.00-13.00/tonne (€8.40-9.90/tonne) to Japan quotes CFR (cost & freight), they added.
Asia’s open-spec naphtha contract for first-half February fell by $4.50-5.50/tonne from Friday at $962.50-965.50/tonne CFR Japan on Monday morning, undermined by lower crude futures, ICIS data showed.
($1 = €0.76)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections