S Korea’s Lotte buys 75,000 tonnes naphtha for first-half April

25 February 2013 10:00  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Lotte Chemical Corp has bought 75,000 tonnes of spot naphtha supply for delivery to Daesan and Yeosu in the first half of April, traders said on Monday.

The deals for the cargoes were done at a premium of around $35.00/tonne (€26.60/tonne) to Japan quotes CFR (cost & freight), they added.

Lotte last bought a 25,000 tonne naphtha cargo for delivery to Daesan in the second half of March, at a premium of around $36.00/tonne to Japan quotes CFR.

($1 = €0.76)

By: Felicia Loo

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