03 July 2013 10:02 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s LG Chem has bought a 25,000 tonne naphtha cargo for delivery in the first half of August, traders said on Wednesday.
The deal for the spot cargo was done at a premium of $1.50-2.00/tonne (€1.16-1.54/tonne) to Japan quotes CFR (cost & freight), they added.
LG Chem previously purchased two naphtha cargoes totalling 50,000 tonnes for delivery in the second half of July, at a premium of $0.50-1.00/tonne to Japan quotes CFR.
($1 = €0.77)
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