Honam Petrochemical has purchased at least 25,000 tons of naphtha for H1-February arrival at a premium of US$12/ton to Japan spot quotes on a cost-and-freight (C&F) basis. Persistently tight supplies caused by delays in shipments from the Gulf have pushed premiums higher at the end of 2010.
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Wednesday, January 05, 2011
Honam buys 250000 tons of naphtha at premiums of US$12 for H1 Feb
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