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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.