Formosa purchases naphtha at more than 1-year high premium

Formosa purchases naphtha at more than 1-year high premium
WESPECH PTE LTD
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04.10.2019

MOSCOW (MRC) -- Taiwan's Formosa Petrochemical Corp purchased naphtha at a more than 1-year high premium this week, as buyers mopped up excess cargoes after attacks on Saudi Arabia's oil facilities on Sept. 14 raised supply worries, reported Plastemart with reference toВ industry sources' statementВ on Thursday.Asia's top naphtha buyer paid a premium of around USD12/ton to its own price f

Full article at mrcplast.com

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