27 August 2013 11:03 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) has bought four spot cargoes of naphtha totalling 100,000 tonnes for delivery in the first half of October, traders said on Tuesday.
The deal for the Yeosu-bound cargoes was done at parity over Japan pricing quotes CFR (cost & freight), they added.
The company previously bought 50,000 tonnes of open-spec naphtha for delivery to Yeosu in the second half of September, at a premium of $3/tonne (€2.25/tonne) to Japan quotes CFR.
($1 = €0.75)
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.
|ICIS news FREE TRIAL|
|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|
Asian Chemical Connections