14 February 2013 09:28 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Lotte Chemical Corp has bought a 25,000-tonne naphtha cargo in the spot market, for delivery to Daesan in the second half of March, traders said on Thursday.
The deal for the cargoes was done at a premium of around $36.00/tonne (€26.64/tonne) to Japan quotes CFR (cost and freight), they said.
Lotte previously bought 75,000 tonnes of spot naphtha for delivery to Yeosu in the second half of March, at a premium of $34.00/tonne to Japan quotes CFR.
($1 = €0.74)
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