15 January 2013 01:32 [Source: ICIS news]
SINGAPORE (ICIS)--Kuwait Petroleum Corp (KPC) has sold by tender a 24,000 tonne light naphtha cargo to trading firm Glencore for loading in early February, traders said on Tuesday.
The deal for the cargo was done at a premium in the mid-$40s/tonne (€30/tonne) to Middle East quotes FOB (free on board), they added.
The cargo is scheduled for loading on 7-8 February, traders said.
KPC previously sold a 50,000 tonne cargo of spot full-range naphtha to trading firm Vitol for loading in mid-December, at a premium of $27/tonne (€21/tonne) to Middle East quotes FOB.
($1 = €0.75)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|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