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InternationalVoices / Tenders/Markets

KPC issues refrigerated LPG sell tender, closes Aug 6

Kuwait Petroleum Corp (KPC) issued a sell tender for a 44,000mt 50:50 cargo to be loaded from Mina Al Ahmadi on Sep 4-5. The tender would close on Thursday with bids valid until the same day.

 

Refrigerated LPG Tenders

 

 

 

 

 

 

 

 

 

Company

B/S

Cargo

Basis

Timing

Date of

Price/mt

Result

C3

C4

close

valid

C3

C4

KPC

sell

22

22

FOB

Sep 4-5

8/6

8/6

 

 

Sonangol

sell

23

23

FOB

Sep 1-3

7/29

7/29

 

awarded

Altagas

sell

44

0

FOB

Aug 25-29

7/28

7/29

 

awarded

Pertamina

buy

(22+22) x 4

FOB

Sep-Dec

7/29

8/7

 

 

Hanwha Total

buy

0

23

CFR

Sep 21-30

7/29

7/29

Sep naphtha quotes

-high $20s

awarded

KPC

sell

33

11

FOB

Aug 29-30

7/28

7/28

Sep CP - $20 and avove

awarded

IOC

buy

22

22

CFR

Sep 11-30

7/28

7/28

Sep CP + low $30a

awarded

Wanhua Chemical

buy

(44+0) x 12

CFR

2021 Jan-Dec

8/5

8/7

 

 

Ningbo Kingfa

buy

(23+0) x 8-13

DES

2021 Feb-Nov

7/30

7/31

 

 

Hanwha Total

buy

(23+0) x 6

CFR

2020 Sep-2021 Feb

7/23

7/24

 

awarded

Pertamina

buy

(22+22) x 4

FOB

Sep-Dec

7/23

8/7

 

canceled

KPC

sell

33

11

CFR

Aug 26-Sep 6

7/21

7/21

Sep CP - $15 to 18

awarded

KPC

sell

33

11

FOB

Aug 1-2

7/17

7/17

 

canceled

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