22 May 2013 05:33 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s LG Chem has bought 50,000 tonnes of spot naphtha supply for delivery to Daesan in the second half of June, traders said on Wednesday.
The deal for the cargoes was done at a premium of $7.50/tonne (€5.85/tonne) to Japan quotes CFR (cost & freight), they said.
In its previous spot purchase, LG Chem bought a 25,000-tonne naphtha cargo for delivery in the second half of June, at a premium of $10.00/tonne to Japan quotes CFR.
($1 = €0.78)
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