Taiwan’s CPC buys 60,000 tonnes naphtha for June

03 May 2013 04:16  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s CPC Corp has bought by tender 30,000 tonnes of full-range naphtha and 30,000 tonnes of heavy naphtha, traders said on Friday.

The delivery to Kaohisung will be in June, they added.

The full-range naphtha cargo fetched a premium of $7/tonne (€5.39/tonne) to Japan quotes CFR (cost & freight), while the deal for the heavy naphtha cargo was done at a premium of $33-34/tonne to Japan quotes CFR, traders said.

($1 = €0.77)

By: Felicia Loo

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