Contracts settled higher

摘要

Middle East contracts have been assessed at $90-110/t fob this week for fourth quarter settlements. Kuwait's KPC and the UAE's Adnoc has settled contracts with traders at $107-110/t fob. Contract volumes from the UAE's Adnoc will be for shipment to end-users in Brazil, Senegal and North Africa, although the supplier is not able to comment on end-user prices. Kuwait's KPC has settled tonnes for shipment to traders, as well as end-users in Brazil and North Africa, with volumes to North Africa indicated at the bottom end of the Middle East quarterly contract price range.