Formosa Petrochem buys 150,000 tons of naphtha for H1-March delivery to Mailiao

31-Jan-13
Formosa Petrochemical Corp. bought about 150,000 metric tons of naphtha for delivery to Mailiao, Taiwan, in H1-March, according to two traders with knowledge of the purchase, as per Bloomberg. The company paid a premium of about US$14.50-17/ton over benchmark Japan prices.
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