KPC Meets Customers Halfway At 20 US dollars For Light Naphtha At Negotiations

摘要

Kuwait Petroleum Corporation, or KPC, reached agreements with customers by June 17th to fix prices of naphtha to be shipped from August 2011 to July 2012. The price of light naphtha was settled at 20 US dollars/MT above its benchmark on FOB Arabian Gulf, while that of full range naphtha at 18.5 US dollars/MT.