Thursday, March 29, 2012

Formosa seeks heavy grade naphtha for H2-May, Honam defers purchases

Formosa Petrochemical Corp is seeking 25,000-35,000 tons of heavy naphtha for H2-May arrival while Honam Petrochemical has deferred buying H1-May naphtha due to high offers, delaying the purchase in aanticipation of easing of supplies from India, as per Reuters.

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