Tuesday, September 14, 2010

Ample supplies hit markets, KPC sells 150,000 tons of spot naphtha for October at lower premiums

Kuwait Petroleum Corp (KPC) has concluded deals for 150,000 tons of spot naphtha for October loading at lower premiums amid ample supplies. Deals were concluded with a Japanese as well as a Western trrader at premiums of US$11-12/ton to Middle East quotes on a free-on-board (FOB).

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