Sunday, May 20, 2007

Taiwan's CPC Corp. Buys 40,000 Tons of LPG at Premium for Delivery in June

(Bloomberg) -- CPC Corp., Taiwan's state oil refiner,
bought 40,000 metric tons of liquefied petroleum gas at an
average premium of about $40 a ton to Saudi Aramco's June
contract price for delivery to two ports in June, a company
official said.

A 20,000-ton cargo for delivery to Shen-Ao in northern
Taiwan is priced higher than a second cargo of the same size for
shipment to Kaohsiung because of port restrictions, said the
official who didn't want to be identified.


Read more at Bloomberg Energy News

No comments: