LG Chem Said to Buy Naphtha Shipment for First-Half of February
By Ann Koh -
2012-12-28T04:53:34Z
LG Chem Ltd. (051910) purchased a naphtha cargo for first-half February delivery to South Korea, according to two traders who participate in the market.
The company bought about 25,000 metric tons at a premium of about $16 to $17 a ton to Japan benchmark prices, the traders said, asking not to be identified because they aren’t authorized to speak to the media.
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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