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.
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