Mitsui Chemicals Buys Kuwait Naphtha Cargo at $35 to $40 a Ton
By Ann Koh -
2012-04-20T05:53:21Z
Mitsui Chemicals Inc. (4183) bought a naphtha cargo from Kuwait Petroleum Corp. last week, according to two traders who participate in the market.
The cargo traded at a premium of $35 to $39 a ton to Middle East benchmark prices, the traders said, declining to be identified because the information is confidential.
Details of the purchase are as follow:
---------------------------------------------------------- Product: Light naphtha Quantity: 24,000 tons Loading: End of May Port: Kuwait Price: Premium of $35 to $39 a ton to Middle East prices Seller: Kuwait Petroleum ----------------------------------------------------------
To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net
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