Formosa Petrochem seeking naphtha for H2-February arrival at Mailiao

Taiwan's Formosa Petrochemical is seeking naphtha for H2-February arrival at Mailiao after it had bought about 100,000-150,000 tons for H1-February less than 10 days ago, as per Reuters. Asia's top naphtha buyer is seeking the cargoes through a tender which is due to be awarded next Tuesday. The tender also comes right after Japan's Mitsui Chemicals bought a naphtha cargo on Friday for second-half February delivery at premiums below US$20/ton to Japan quotes on a cost-and-freight (C&F) basis. Mitsui Chemicals had bought similar volumes two days ago for the same arrival period at premiums around US$21-22/ton.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha