LG Chem buys two naphtha cargoes at highest premium in nearly 4-1/2 months

06-Sep-12
South Korea's LG Chem has bought 50,000 tons of naphtha at US$18.50-19/ton above Japan spot quotes on a cost-and-freight (C&F) basis, highest premium it has paid in nearly 4-1/2 months on tight supplies, as per Reuters- one 25,000 ton cargo for second-half October delivery to Yeosu and one 25,000 ton cargo for the same arrival period to Daesan.
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