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Yeochun NCC Said to Buy Naphtha Cargoes for May Delivery

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March 30 (Bloomberg) -- Yeochun NCC Co. bought three naphtha cargoes for delivery to Yeosu port in South Korea in May at a premium of $19.50 a metric ton to Japan benchmark prices, according to four traders who declined to be identified because the information is confidential.

Details of the purchases are as follow:

----------------------------------------------------------------
Product:  Naphtha
Quantity: Three cargoes or about 75,000 tons
Delivery: First half of May
Port:     Yeosu
Price:    Premium of $19.50 a ton to Japan prices
Seller:   Unidentified
---------------------------------------------------------------

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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