SINGAPORE, Oct 10 (Reuters) - Honam Petrochemical Corp hasbought 75,000 tonnes of naphtha at about $13 to $14 a tonneabove Japan quotes on a cost-and-freight (C&F) basis, thehighest premiums paid in South Korea in about 3-1/2 weeks,traders said on Wednesday.
The three 25,000-tonne cargoes will be delivered in Novemberto Daesan, where Honam operates a 1 million tonnes per year(tpy) cracker.
It operates another 1 million tpy cracker in Yeosu, makingit the largest ethylene operator in South Korea.
Traders added that Honam's tender was to purchasesecond-half November cargoes, although it was also in need offirst-half November imports.
Honam is the second naphtha buyer in South Korea this weekto buy November cargoes through a tender after last week's muteddemand.
(Reporting by Seng Li Peng, Editing by Clarence Fernandez)
Keywords: NAPHTHA S KOREA/HONAM