Idemitsu Said to Buy 25,000 Tons Naphtha for Delivery to Japan

Idemitsu Kosan Co. bought about 25,000 metric tons of naphtha for delivery to Japan at a premium of $11 to $14 a ton to benchmark prices, according to two traders who participate in the market.

The cargo is for delivery from Feb. 16 to March 6, the people said, asking not to be identified because the information is confidential.

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