QatarEnergy offers naphtha for loading inside Hormuz via tender, traders say
Bullish strength: 45/100
- QatarEnergy is offering up to 55,000 metric tons of naphtha for a scheduled early-November loading.
Bearish strength: 55/100
- The previous naphtha tender was awarded at a double-digit discount to Middle East quotes on an FOB basis.
- The cargo is located at Ras Laffan port inside the Strait of Hormuz, a relevant regional shipping and supply consideration.
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