LG Chem Buys 50,000 Tons of Naphtha for August, ICIS Reports

South Korea’s LG Chem Ltd. (051910) bought 50,000 metric tons of open-specification naphtha for delivery in August at a discount of $3 a ton below Japan prices, ICIS reported, citing traders it didn’t identify.

A Seoul-based spokesman for LG Chem declined to comment, saying the company doesn’t publish such information.

To contact the reporter on this story: Sangim Han in Seoul at sihan@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net Amit Prakash in Singapore at aprakash1@bloomberg.net

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