Tuesday, June 14, 2011

CPC Corp. pays premium for 60,000 tons of naphtha for August delivery

CPC Corp. has bought 60,000 tons of naphtha for August delivery to Kaohsiung, Taiwan, at a premium of about US$1-3/ton over Japan prices as per ICIS. The company has previously bought 50,000 to 60,0000 tons of naphtha for July delivery at a premium of US$4-7/ton.

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