Kuwait sells early November naphtha on delivered basis at premium, traders say

By Mohi Narayan NEW DELHI, Oct 14 (Reuters) — Kuwait Petroleum Corp sold 85,000 tons of full-range naphtha at a premium of above $120 per ton over Japan quotes to second-half December prices on delivery ex-ship basis, a tender document showed and traders who participated in the market said on Wednesday. The cargo is scheduled to load between November 1 and 11, the tender showed The state-owned refiner awarded its last tender of 55,000 tons for the same loading date at a premium of around $70-$75 per ton to Japan quotes, also on delivered basis, one of the naphtha traders said This is KPC's third tender in October; total volumes sold so far this month amount to 175,000 tons via tenders NAP/TENDA Oil companies typically do not comment on tenders (Reporting by Mohi Narayan; Editing by Mrigank Dhaniwala) ((Mohi.Narayan@thomsonreuters.com; )