Thailand’s IRPC sells 30,000 tonnes naphtha for second-half March

18 February 2013 09:57  [Source: ICIS news]

SINGAPORE (ICIS)--Thailand's refinery and cracker operator Integrated Refinery and Petrochemical Complex (IRPC) has sold a 30,000-tonne heavy naphtha cargo for loading from Rayong in the second half of March, traders said on Monday.

The deal for the cargo was done at a premium of $50.00/tonne (€22.50/tonne) to Japan quotes FOB (free on board), they said.

In a previous tender, IRPC sold 45,000 tonnes of heavy naphtha for loading from Rayong in the second half of February, at a premium of $30.00/tonne to Japan quotes FOB.

Tighter regional supply and strong demand helped to underpin naphtha prices in Asia, traders said.

($1 = €0.75)


By: Felicia Loo



AddThis Social Bookmark Button

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.

Printer Friendly