GS Caltex had paid a premium of $4 to $5 on August 13 for cargoes scheduled for second-half September delivery, Reuters data showed. The fresh premiums GS Caltex had paid on Tuesday were not clear but industry sources said it would at least be double the premium it had paid on August 13. Hanwha Total had paid a premium in the high teens a tonne to Japan quotes on a C&F basis on Monday. The last time Hanwha Total had paid more than $16 a tonne premium for the heavy full-range grade was in 2018. India exported 680,000 tonnes of naphtha for August, highest monthly volume since May when it exported more than 900,000 tonnes, official data showed.
GS Caltex had paid a premium of $4 to $5 on August 13 for cargoes scheduled for second-half September delivery, Reuters data showed. The fresh premiums GS Caltex had paid on Tuesday were not clear but industry sources said it would at least be double the premium it had paid on August 13. Hanwha Total had paid a premium in the high teens a tonne to Japan quotes on a C&F basis on Monday. The last time Hanwha Total had paid more than $16 a tonne premium for the heavy full-range grade was in 2018. India exported 680,000 tonnes of naphtha for August, highest monthly volume since May when it exported more than 900,000 tonnes, official data showed.