05 September 2013 05:25 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) has purchased 75,000 tonnes of naphtha for delivery to Yeosu in the second half of October, traders said on Thursday.
The deal for the three cargoes was done at a premium of 50 US cents/tonne (38 euro cents/tonne) to Japan quotes CFR (cost & freight), they added.
YNCC previously bought four spot cargoes of naphtha totalling 100,000 tonnes for delivery in the first half of October, at parity over Japan pricing quotes CFR.
($1 = €0.76)
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