07 February 2014 18:19 [Source: ICIS news]
The company has offered a 20,000-tonne butane cargo in open market trading throughout the week, dropping its offer from 95% of naphtha to 94%.
“On large butane today or yesterday Statoil have been in the market looking to sell 20,000 tonnes and they came down yesterday to 94%. It’s very difficult to place such large cargoes,” explained one source.
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