Formosa Petrochemical Corp (6505.TW)
16 Nov 2018
SINGAPORE, Sept 19 Asia's naphtha crack eased 3 percent to a two-session low of $96.30 a tonne on Wednesday amid plentiful supplies, trade and industry sources said. - The current low spot prices at discount levels from Taiwan to South Korea, Japan and Malaysia are in favour of buyers, they said. - Asia's top naphtha importer Formosa Petrochemical emerged with tenders on Wednesday for cargoes delivering to Mailiao in November. - The Taiwanese firm usually issues on
SINGAPORE Taiwanese oil refiner Formosa Petrochemical Corp has bought a U.S. crude oil cargo for the first time to replace Middle East crude, the company spokesman said on Monday.
SINGAPORE, June 22 Asia's naphtha crack ended the week at a two-session low of $71.20 a tonne as high oil prices and expanding supplies countered strong demand, with at least four buyers seeking cargoes at the same time. - Taiwan's Formosa Petrochemical Corp, also Asia's top naphtha importer by volume, bought some 100,000 tonnes of open-specification naphtha for August arrival at Mailiao at a premium of $4.50 to $4.75 a tonne to its own price formula on a cost-and-freight (C
SINGAPORE, June 14 Asia's naphtha crack edged up 2 cents to $87 a tonne on Thursday, the highest since June 6, supported by firm demand. - But improving supplies impacted fundamentals and spot naphtha premiums came tumbling down after hitting near four-year highs in late May. - Taiwan's Formosa Petrochemical Corp, for instance, bought some 150,000 tonnes of open-specification naphtha for second-half July delivery to Mailiao at premiums of about $8.50 a tonne to its own