LG Chem Buys Naphtha Cargo for January Delivery to South Korea

LG Chem Ltd. bought a naphtha cargo for delivery to South Korea in the second half of January at a premium of $10.50 a metric ton higher than Japan naphtha prices, a company official said. The seller’s identify wasn’t given.

Details of the purchase are below:

Product:  Naphtha
Delivery: Second-half January
Port:     South Korea
Price:    Premium of around $10.50 a ton above Japan prices
Seller:   Not disclosed

To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net.

To contact the editor responsible for this story: Clyde Russell at crussell7@bloomberg.net.

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