Taiwan’s CPC buys 55,000 tonnes full-range naphtha for April

11 March 2013 02:24  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s CPC Corp has bought by tender 55,000 tonnes of full-range naphtha for delivery to Kaohsiung in April, traders said on Monday.

The deals for the cargoes were done at $22-24/tonne (€17-18/tonne) to CFR (cost & freight) Japan quotes, they added.

Meanwhile, CPC did not award in the same tender its requirement to buy 30,000 tonnes of heavy naphtha as offers were “high”, traders said.

($1 = €0.77)

By: Felicia Loo

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