Malaysia’s Lotte Chem Titan buys 30,000 tonnes naphtha for H1 Jan

03 December 2013 02:06  [Source: ICIS news]

SINGAPORE (ICIS)--Malaysia’s Lotte Chemical Titan Holding has bought a 30,000 tonne full-range naphtha cargo for delivery to Pasir Gudang in the first half of January, traders said on Tuesday.

The deal for the cargo was done at a premium of $12/tonne (€9/tonne) to CFR (cost & freight) Japan quotes, they added.

Previously, the company purchased a similar-sized full-range naphtha cargo for delivery to Pasir Gudang in the second half of December, at CFR Japan quotes plus $6/tonne.

($1 = €0.74)


By: Felicia Loo



AddThis Social Bookmark Button

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.

Printer Friendly