Kuwait Petroleum Corporation (KPC) and Asian buyers mutually agreed to sign one-year term contracts for fullrange naphtha for August 2016 to July 2017 lifting at a premium of US$9.0/MT to Middle East quotes. It is estimated thatthe price of light naphtha was fixed at the price US$1.0-1.5/MT higher than that of full range naphtha, which, however,has not been confirmed.
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