Malaysia’s Titan buys 55,000 tonnes full-range naphtha for H2 Sept

02 August 2013 07:10  [Source: ICIS news]

SINGAPORE (ICIS)--Malaysia’s Titan Chemicals has bought by tender 55,000 tonnes of full-range naphtha for delivery to Pasir Gudang in the second half of September, traders said on Friday.

The deal for the cargo was done at a premium of $2/tonne to Japan quotes CFR (cost & freight), they added.

Meanwhile, the Asian naphtha market is saddled with ample cargo availability, traders said.

By: Felicia Loo

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly