Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Kuwait Said to Sell October Naphtha at $35 to $40 a Ton Premiums

Sept. 14 (Bloomberg) -- Kuwait Petroleum Corp. sold at least 25,000 metric tons of naphtha for loading in October, according to two traders who participate in the market.

The company sold the feedstock for gasoline and petrochemicals at premiums of $35 to $40 a ton to Middle East benchmark prices, the traders said, asking not to be identified because the information is private.

Details of the sale are as follow:

----------------------------------------------------------------
Product:      Naphtha
Quantity:     At least 25,000 tons
Price:        Premiums of $35 to $40 a ton to Middle East
              naphtha prices
Port:         Kuwait
Buyers:       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: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.