Honam Petrochemical Said to Buy Naphtha for Delivery in February
The company paid a premium of about $15 to $17 a metric ton to Japan benchmark prices, the traders said, asking not to be identified because they aren’t authorized to speak to the media. Honam may have purchased as many as eight cargoes, according to two of the traders.
A cargo typically contains about 25,000 to 30,000 tons of naphtha.
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