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Formosa Petrochemical Corp. (6505) offered to sell its second August-loading cargo of jet fuel, according to a company official.
Taiwan’s only publicly traded oil refiner sold 300,000 barrels for Aug. 1 to Aug. 5 loading at a premium of 5 cents a barrel to benchmark quotes on July 4, the official said, asking not to be identified because of internal rules.
Details of the latest offer are as follow:
--------------------------------------------------------------- Product: Jet fuel, A-1 grade Quantity: 300,000 barrels Loading: Aug. 13 to Aug. 17 Port: Mailiao, Taiwan Bids due: July 11 ---------------------------------------------------------------
To contact the reporter on this story: Yee Kai Pin in Singapore at kyee13@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net