Tuesday, November 09, 2010

Saudi Aramco to open H1-2011 naphtha term talks in Singapore at month end

Saudi Aramco is to open term naphtha talks for January-June 2011 supply in the week starting November 29 in Singapore, as per Platts. Aramco offers five grades of naphtha on a term basis. For naphtha supplied in H2-2010, premiums were fixed at US$21/mt to formula for treated naphtha from Rabigh; US$20/mt to formula for A180 from Yanbu and Ras Tanura; US$19/mt to formula for chemical feed naphtha from Jubail; US$19/mt to formula for A310 from Ras Tanura and US$17/mt to formula for A310 from Jeddah.

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