IPCC calls for fresh proposals on its ethylene cargo owing to delay in loading dates

28-Aug-08

Iran Petrochemical Commercial Co (IPCC) has called for new proposals from potential bidders for the 4500 ton ethylene (C2) tender cargo owing to the delay in loading rates. The loading dates for IPCC's 4,500 ton ethylene (C2) tender cargo which was slated to be loaded from Assaluyeh and/or Bandar Imam Khomeini during September 1-2 has been delayed to September 19-20 owing to the clogging at the last discharge port of the vessel, as per a source from National Petrochemical Co (NPC). While the previously reported price for the cargo was US$1,350/ton, the fresh price was roughly US$1,340/ton CFR SE Asia as of Wednesday.