Namhae and SFC still negotiating

摘要

Namhae has not yet finalised its 7,000 mt spot purchase from Mitsui due to 'timing issues'. The buyer has a number of contract cargoes arriving at the end of March/beginning of April which means fitting additional volumes in around this time is proving difficult. While no exact price details pertaining to the deal were disclosed, values around $500/mt CFR are still thought to be representative of the current market.