S Korea’s Lotte buys 50,000 tonnes naphtha for first-half April

06 March 2013 08:11  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Lotte Chemical Corp has bought 50,000 tonnes of spot naphtha supply for delivery to Yeosu in the first half of April, traders said on Wednesday.

The deal for the cargo was done at a premium of $29.00/tonne (€22.00/tonne) to Japan quotes CFR (cost and freight), they added.

Lotte previously bought 75,000 tonnes of spot naphtha supply for delivery to Daesan and Yeosu in the first half of April at a premium of around $35.00/tonne to Japan quotes CFR.

($1 = €0.77)


By: Felicia Loo



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