S Korea’s Lotte seeks naphtha supply for second-half April delivery

08 March 2013 04:55  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Lotte Chemical Corp is seeking by tender spot naphtha supply for delivery to both Daesan and Yeosu in the second half of April, traders said on Friday.

The tender closes later on Friday, they added.

Lotte last bought 50,000 tonnes of spot naphtha supply for delivery to Yeosu in the first half of April. The deal for the cargo was done at a premium of $29.00/tonne (€22.00/tonne) to Japan quotes CFR (cost and freight).

($1 = €0.76)

By: Felicia Loo

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