LG Chem Buys Naphtha Cargo for January Delivery to South Korea

Dec. 3 (Bloomberg) -- LG Chem Ltd. bought a naphtha cargo for delivery to South Korea in the second half of January at a premium of $10.50 a metric ton higher than Japan naphtha prices, a company official said. The seller’s identity wasn’t given.

Details of the purchase are below:

---------------------------------------------------------------
Product:  Naphtha
Delivery: Second-half January
Port:     South Korea
Price:    Premium of around $10.50 a ton above Japan prices
Seller:   Not disclosed
---------------------------------------------------------------

To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net.

To contact the editor responsible for this story: Clyde Russell at crussell7@bloomberg.net.