Friday, August 17, 2012

Lack of conclusions to YNCC's latest term tender could lead to possible cancellation of tender

South Korea’s YNCC interested in buying term naphtha, and sellers have reached a deadlock in their naphtha term talks due to gap in buying and selling ideas. As per traders in Reuters, lack of conclussions to YNCC's latest term tender could lead to cancellation of the tender for naphtha cargoes originally meant for September 2012 to August 2013 delivery.

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