11 April 2013 08:19 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) has bought 50,000 tonnes of spot naphtha supply for delivery to Yeosu in the second half of May, traders said on Thursday.
The deal for the cargo was done at a premium of $18/tonne (€14/tonne) to Japan quotes CFR (cost & freight), they added.
Prices have decreased in spot transactions in the week because of abundant deep-sea supply from western markets, traders said.
($1 = €0.77)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections