Taiwan’s CPC Corp seeks 70,000 tonnes naphtha for Sept delivery

05 August 2013 03:37  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s CPC Corp is seeking by tender a 35,000 tonne full-range naphtha cargo as well as a 35,000 tonne heavy naphtha cargo for delivery in September, traders said on Monday.

The delivery for the full-range naphtha cargo falls on 10-30 September, they added.

The heavy naphtha cargo is scheduled to be delivered on 1-20 September, traders said.

The tender will close later on Monday, with offers to stay valid until 6 August, they added.

CPC Corp previously bought by tender three full-range naphtha cargoes totalling 75,000 tonnes for delivery to Kaohsiung in the first 20 days of August.

The deals for the cargoes were done at a premium of $2.50-3.50/tonne (€1.87-2.62/tonne) to Japan quotes CFR (cost & freight).

($1 = €0.75)

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

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index