Taiwan’s Formosa Petrochemical Corp (FPCC) has issued a second tender within a week to sell more July-loading 10ppm sulphur gasoil, several sources with knowledge of the matter said on Tuesday.
The refiner is looking to sell one 750,000-barrel 10 ppm sulphur gasoil cargo loading between July 26 and 30, the sources said.
The tender will close on June 14 with same day validity.
FPCC sold one 300,000-barrel 10ppm sulphur gasoil cargo last week at a premium of 20-30 cents to Singapore quotes to a Chinese state-owned refiner for early July loading.
Source: Reuters (Reporting by Trixie Yap, Editing by Louise Heavens)