South Korea’s Lotte seeks 25,000 tonnes naphtha for H1 September

25 July 2013 03:34  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Lotte Chemical is seeking by tender a 25,000 tonne naphtha cargo for delivery in the first half of September, traders said on Thursday.

The tender closes later on 25 July, they added.

Previously, Lotte bought two open-spec naphtha cargoes that totalled 50,000 tonnes for delivery to Yeosu in the second half of August and the first half of September.

The deal for the cargoes was done at Japan quotes CFR (cost & freight) pricing plus $7.00/tonne (€5.32/tonne).

($1 = €0.76)

By: Felicia Loo

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