Taiwan’s FPCC seeks spot naphtha supply for July

13 June 2013 06:50  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) is seeking by tender spot naphtha supply for delivery to Mailiao in July, traders said Thursday.

The tender closes later on 13 June, they added.

The volumes will depend on the offer levels, traders said.

FPCC last bought by tender 30,000-60,000 tonnes of spot naphtha supply for delivery to Mailiao in the first half of June, at a premium of below $10.00/tonne (€7.50/tonne) to Japan quotes CFR (cost & freight).

($1 = €0.75)

By: Felicia Loo

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