South Korea’s YNCC buys 75,000 tonnes naphtha at higher premium

30 October 2013 09:06  [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 December, traders said on Wednesday.

The deal for the cargoes was done at a premium of $7.50/tonne (€5.48/tonne) to Japan quotes CFR (cost & freight), they added.

YNCC previously bought 75,000 tonnes of naphtha for delivery to Yeosu in the first half of December, at a premium of $5.50/tonne to Japan quotes CFR.

($1 = €0.73)


By: Felicia Loo



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