South Korea’s S-Oil yet to finalise term naphtha supply agreement

02 December 2013 09:13  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s S-Oil is currently negotiating with end-users over term naphtha supply for the first half of 2014, said a source familiar with the situation on Monday.

“Nothing has been finalised yet,” the source said.

On Monday, the open-spec second-half January contract was assessed at $972-974/tonne (€719-721/tonne) CFR (cost & freight) Japan, according to ICIS.

($1 = €0.74)

By: Felicia Loo

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