VOL. XXXIX
No. 34
20-May-1996
SAUDI ARABIA
Aramco Settles Second Half 1996 Naphtha Premiums With Asian Term Buyers
Saudi Arabia's naphtha term contract customers have once again acceded to Aramco's stiff price terms in recently- concluded negotiations for the second half of 1996. Despite weeks of discussion, Aramco's Japanese and Korean buyers were not able to get the Saudi supplier to budge from its original asking price of $3.40/ton premium over the eastern formula for A-180...
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