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San Francisco Chronicle: Vitol, Unipec Buy Naphtha Cargoes From Egypt, ICIS Reports

Egyptian General Petroleum Corp. sold a cargo for December loading to Unipec, the trading arm of China Petroleum & Chemical Corp.
31.08.11 | Interesting article at San Francisco Chronicle

Egyptian General Petroleum Corp., also known as EGPC, sold a cargo of naphtha to Vitol Group at $12 a metric ton more than Middle East prices for October and at a premium of $8 a ton for November, ICIS reported today.

EGPC also sold a cargo for December loading to Unipec, the trading arm of China Petroleum & Chemical Corp., at a premium of $7.39 a ton to the Middle East quotes, ICIS said, citing traders it didn't identify.

SK Trading bought a cargo for loading in November at a $10.77 premium, ICIS said. It also purchased a lot for December at an $8.67 premium, it said.