VOL. XXXVII

NO. 8

22-NOVEMBER-1993

Saudi Aramco

Saudi AramcoEases Terms For 1994 Naphtha Contracts

Saudi Aramco is reported to have eased the price terms offered to naphthacontract buyers in the Far East for the first half of 1994. The following areunderstood to be the main changes currently being proposed by Aramco:

- Elimination of the $2.00/ton premium currently added to the basic formulaprice. The latter is presently set at C and F Japan naphtha price quotations(50-50 mean Platt's and Argus)...