November 7, 2017 / 8:43 AM / 16 days ago

BUZZ-S Korea's YNCC buys Dec naphtha; premium highest since 2015

** South Korea’s YNCC buys naphtha at about $10.25 a tonne above Japan quotes on a cost-and-freight (C&F) basis, making this its highest premium in 2-1/2 years, traders say

** YNCC buys three cargoes averaging a total of 75,000 tonnes for second-half December delivery to Yeosu

** This fresh premium is almost twice the level YNCC had paid on Oct. 24 for similar volumes scheduled for first-half December arrival at Yeosu and is also the highest it has paid since April 14 2015, Thomson Reuters data shows (Reporting by Seng Li Peng)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below