S-Oil Said to Sell March Naphtha to Itochu at Premium of $53

S-Oil Corp. sold about 30,000 metric tons of naphtha for loading in March to Itochu Corp., according to two traders who participate in the market.

The cargo was sold at a premium of $53 a metric ton to Japan benchmark prices, the people said, asking not to be identified because the information is confidential.

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