S Korea’s Lotte Chemical seeks term naphtha supply

16 January 2013 09:36  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Lotte Chemical is seeking by tender term naphtha supply for delivery from March 2013 to February 2014, traders said on Wednesday.

The tender closes on 17 January, they said.

Lotte Chemical previously bought 50,000 tonnes of spot naphtha for delivery to Daesan in the second half of February, at a premium of $17.00/tonne (€12.75/tonne) to Japan quotes CFR (cost & freight).

($1 = €0.75)

By: Felicia Loo

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