S Korea’s Lotte Chem buys 25,000 tonnes naphtha for H1 September

26 July 2013 03:57  [Source: ICIS news]

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

The deal for the cargo was done at Japan quotes CFR (cost & freight) pricing plus $7.00/tonne (€5.25/tonne).

Previously, Lotte bought two open-spec naphtha cargoes that totalled 50,000 tonnes for delivery to Yeosu during the second half of August and the first half of September. The deal for the cargoes was done at Japan quotes CFR pricing plus $7.00/tonne.

($1 = €0.75)

By: Felicia Loo

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