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Taiwan’s FPCC offers more July-loading gasoil – sources

Wednesday, 14 June 2023 | 16:00

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)

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