S Korea’s YNCC buys 400,000 tonnes term naphtha supply

05 June 2013 10:32  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) has bought by tender around 400,000 tonnes of term naphtha supply for the period from July 2013 to June 2014, traders said on Wednesday.

The deal for the term cargoes fetched a premium of $7.75/tonne (€5.93/tonne) to Japan quotes CFR (cost & freight), they added.

($1 = €0.76)

By: Felicia Loo

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