South Korea's YNCC bought 75,000 tons of naphtha at about US$10.50/ton above Japan quotes on a cost-and-freight (C&F) basis, the same as what rival Honam Petrochemical paid for naphtha last week, as per Reuters. YNCC bought the volumes, made up of three 25,000 ton cargoes, for H1-November arrival. Traders said South Korean demand for November naphtha cargoes should be largely steady compared to October as naphtha crackers are operating at full capacity.
25-Sep-12 
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