No offers for term gasoline from Formosa Petrochemicals yet.

摘要

Even though Taiwanese privately-owned Formosa Petrochemicals typically offers term gasoline for loading from April to the following year in March, the company has so far skipped term offers this year as a result of market uncertainty. Formosa Petrochemicals also only sent out two Medium Range (MR) gasoline cargoes in June, compared to five cargos typically exported every month, because of lower run rates. From April 2019 to March 2020, the company offered 250K bbl of gasoline, with minimum 92 RON, from each quarter at a discount to Singapore spot prices.