Kuwait Petroleum sells 24,000 tonnes light naphtha for end-May

16 May 2013 10:45  [Source: ICIS news]

SINGAPORE (ICIS)--Kuwait Petroleum Corp (KPC) has sold 24,000 tonnes of spot light naphtha for loading in late May, said a source familiar with the situation on Thursday.

The deal for the cargo was done at a premium of $45/tonne (€35/tonne) to Middle East quotes FOB (free on board), he said.

KPC previously sold 55,000 tonnes of spot full-range naphtha supply for loading on 19-20 May, at a premium of $35/tonne to Middle East quotes FOB. The buyer was Haldia Petrochemical.

($1 = €0.77)

By: Felicia Loo

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