Thailand’s PTTGC awards H2 April benzene tender at discount

21 March 2014 08:36  [Source: ICIS news]

SINGAPORE (ICIS)--Thailand's PTT Global Chemical (PTTGC) has awarded its benzene tender to sell 3,000 tonnes for loading in the second half of April at a discount, a company source said on Friday.

The tender was awarded to a regional trader at a discount of slightly less than $10/tonne on an FOB (free on board) Map Tha Phut basis to FOB Korea quotes, the source added.

“The cargo is likely to head to the Middle East,” the source said.

PTTGC has sold out its April cargoes.

Author: Sheau Ling Ong

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