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Yeochun NCC Said to Buy Naphtha for Second-Half July Delivery

Yeochun NCC Co. bought two cargoes of naphtha for delivery to South Korea in the second half of July, according to two traders who participate in the market.

The company bought a total of about 50,000 tons of naphtha at a premium of $1 a metric ton to benchmark Japan prices, the traders 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: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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