Kuwait Said to Sell October Naphtha at $35 to $40 a Ton Premiums
By Ann Koh -
2012-09-14T04:18:17Z
Kuwait Petroleum Corp. sold at least 25,000 metric tons of naphtha for loading in October, according to two traders who participate in the market.
The company sold the feedstock for gasoline and petrochemicals at premiums of $35 to $40 a ton to Middle East benchmark prices, the traders said, asking not to be identified because the information is private.
Details of the sale are as follow:
----------------------------------------------------------------
Product: Naphtha
Quantity: At least 25,000 tons
Price: Premiums of $35 to $40 a ton to Middle East
naphtha prices
Port: Kuwait
Buyers: 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: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.