Wednesday, June 06, 2012

Saudi Aramco sells 55,000 tons of June naphtha at premiums 20-25% lower than previous spot sale

In line with sluggish demand, Saudi Aramco has sold around 55,000 tons of June naphtha at about US$25/ton above Middle East quotes on a free-on-board (FOB) basis, down nearly 20-25% from a previous sppot sale, as per Reuters.

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