Lotte Chemical Said to Buy Naphtha Cargoes for April Delivery
By Ann Koh -
2013-03-18T01:29:31Z
Lotte Chemical Corp. (011170) bought four naphtha cargoes totaling about 100,000 metric tons for second- half April delivery to South Korea, according to two traders who participate in the market.
The company bought the cargoes last week from an unidentified seller at a premium of $25 to $26 a ton to Japan benchmark prices, the people said, asking not to be identified because the information is confidential.
To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net
To contact the editor responsible for this story: Mike Anderson at manderson34@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.