South Korea’s Lotte buys 75,000 tonnes naphtha for H2 Nov

26 September 2013 10:22  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Lotte Chemical has bought 75,000 tonnes of naphtha for delivery to Daesan in the second half of November, traders said on Thursday.

The deal for the cargoes was done at a premium of $2.00/tonne (€1.50/tonne) to Japan quotes CFR (cost & freight) prices, they added.

Lotte previously bought 50,000 tonnes of naphtha for delivery to Yeosu in the second half of October, at a premium of $1/tonne to Japan quotes CFR.

($1 = €0.74)


By: Felicia Loo



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