Tuesday, February 02, 2010

KPC plans to raise term naphtha price

Kuwait Petroleum Corp (KPC) is currently in talks with Asian buyers to renew the April 2010-March 2011 term contract. KPC is expected to raise the premiums to US$20/ton to benchmark Middle East pricess for naphtha term shipments during negotiations next week.

For more details on KPC plans to raise term naphtha price click here

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