Lotte Chemical Titan Said to Buy Naphtha for September Delivery

Lotte Chemical Titan Holding Sdn. bought as much as 50,000 metric tons of full-range naphtha at a premium of $2 a ton to Japan prices, said two traders who participate in the market.

The cargo is for Sept. 16 to Sept. 20 delivery to Pasir Gudang, Malaysia, 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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