03 December 2013 17:29 [Source: ICIS news]
In the daily open market trading platform, naphtha traded at $983/tonne CIF (cost, insurance & freight) NWE (northwest Europe).
Trading firm Trafigura bought a naphtha cargo from oil major BP for loading on 13-17 December.
Front-month ICE Brent crude oil futures rose to $112.50/bbl at 16:30GMT, rising over a dollar from the previous day's settlement of $111.45/bbl, finding support from expectations Iran's crude oil exports will increase only marginally next year.
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