Bloomberg News

Samsung Total Said to Buy Naphtha Cargo for April Delivery

February 20, 2013

Samsung Total Petrochemicals Co. bought a naphtha cargo for delivery in the first half of April to South Korea, according to two traders who participate in the market.

The company paid a premium of about $40 a metric ton to Japan benchmark prices, the people said, asking not to be identified because the information is confidential.

To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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