CPDC will receive 15,000 mt spot tonnage from Koch off the Clipper Neptun in the first half of September, with the vessel likely loading in Trinidad. This follows initial reports that Koch would source the CPDC cargo from Petronas, Malaysia. The price of the cargo has not been disclosed. The buyer is also on the verge of concluding a 10-15,000 mt spot deal with Raintrade for September delivery from Iran. CPDC said it is seeking numbers below $306.50/mt CFR, the price in the last deal in the region.
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